South Korea's exports are expected to have risen at a faster pace in April, extending gains for a seventh straight month on strong chip sales, a Reuters poll showed on
May 14, 2024
Taiwan's trade-dependent economy likely grew faster in the first quarter, supported by a rebound in exports amid upbeat demand for the technology that powers artificial intelligence
May 14, 2024
Russia's industrial production and investments are stagnating, its exports of goods are continuing to deteriorate and profitability in most industries is
May 13, 2024
Germany needs an economic turnaround in order to secure its geopolitical position, German Finance Minister and head of the Free Democrats FDP Christian Lindner said on Saturday.
May 13, 2024
Inflation is set to ease more slowly than previously thought, Russia's central bank said on Friday as it held its key
May 13, 2024
The Bank of Japan kept interest rates around zero on Friday and highlighted a growing conviction that inflation was on track to durably hit its target of 2% in coming
May 12, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan A volatile week for Wall Street megacaps looks set to end with a positive twist as Microsoft and Alphabet earnings wowed the gallery
May 12, 2024
Sri Lanka has approved a new law backed by the International Monetary Fund (IMF) allowing the state to seize any proceeds from criminal activities, a cabinet
April 26, 2024Japan's factory output likely staged a strong rebound in March from the previous month's decline, with retail sales probably holding firm on booming inbound tourism and easing worry
May 12, 2024
Mexico's Senate approved the creation of a new pension fund on Thursday aimed at boosting payouts to the lowest-earning recipients.
May 11, 2024
Pakistan's central bank is widely expected to hold its key interest rate at a record 22% for the seventh straight policy meeting on Monday as Pakistan gears up for
May 11, 2024
South Korea's public finances are no longer a strength for its sovereign credit rating but are now a neutral factor requiring near-term efforts to contain the rise in
May 11, 2024
As the yen plumbs three-decade lows and pressure grows on Japan to intervene or make monetary policy changes, traders figure there is not much Tokyo can do to reverse
May 11, 2024
The International Monetary Fund (IMF) and Ecuadorean authorities have reached a staff-level agreement to underpin a four-year, $4 billion extended fund facility (EFF), the
May 10, 2024
Inflation in key African economies will slow into next year but remain stubbornly high in Nigeria due to sporadic flooding and difficult terrain for the naira
May 10, 2024
The European Union should set a target to raise 600 billion euros ($644 billion) in investments annually by the end of the decade by integrating its fragmented capital markets,
May 10, 2024
The South Korean economy grew at the fastest pace in more than two years in the first quarter beating all estimates with a pick-up in domestic
May 09, 2024
U.S. jobs openings slid in March to the lowest level in more than three years, but stayed at historically high levels in a sign that the job market remains resilient in the face of higher interest rates
May 01, 2024
Brazil's central bank director Gabriel Galipolo said on Wednesday that the monetary authority should not get spooked with "short-term" market fluctuations and will need time to
May 09, 2024
UBS executives on Wednesday told shareholders that the bank has major concerns about the Swiss government's recently announced plan to hit the country's
May 09, 2024
Germany slightly raised its forecast for economic growth this year on Wednesday and eased its inflation outlook, but its economy and finance ministers said structural changes were
May 09, 2024
Stress scenarios from Russia's economy ministry envisage GDP and real income growth almost grinding to a halt next year and the rouble diving from around 93 per
May 09, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan Ailing Tesla shares caught a rare 10% break overnight despite the electric auto giant's quarterly revenue miss, underscoring a better
May 08, 2024
Euro zone inflation could still prove stubborn so a European Central Bank rate cut in June will not necessarily be followed by further policy easing, Bundesbank President Joachim
May 08, 2024
Standard Chartered has cut its forecast for Vietnam's economic growth this year to 6.0% from 6.7%, the bank said on Wednesday, citing lower-than-expected growth in the first quarter
May 08, 2024
Thailand's economy is projected to grow at a faster pace in 2024 than 2023 supported by private consumption and tourism, but uncertainties remain, minutes of the Bank of Thailand's
April 24, 2024
The biggest economic challenge for the government after the ongoing election is unemployment, according to economists polled by Reuters who expected the
May 08, 2024
The Bank of England will wait until next quarter to lower borrowing costs, according to median forecasts in a Reuters poll, although almost half of those
May 08, 2024
Turkey's poor human rights record and economic factors are undermining the effectiveness of the European Union's migration deal with Ankara, EU auditors said
May 08, 2024
Egypt's economy will grow slower than previously expected this year after it signed an $8 billion financial support package with the IMF that came with conditions,
May 08, 2024
Prime Minister Rishi Sunak said on Tuesday he would increase defence spending to 2.5% of GDP to reach 87 billion pounds ($108 billion) a year by 2030.
May 08, 2024
A senior Chinese central bank official suggested on Tuesday that the bank's buying and selling of treasury bonds in the secondary market could be used for liquidity management and
April 23, 2024Saudi Arabia's economy will grow at a slower pace this year than previously predicted as oil prices drop from recent peaks, according to a Reuters poll which
May 08, 2024
Upward momentum that has propelled copper prices to within a whisker of the psychological $10,000 a metric ton mark is expected to be sustained by the appearance of
May 08, 2024
Greece's economy will grow by 2.1% this year under a baseline scenario, the country's influential think tank IOBE said on Tuesday, revising down its previous estimate of 2.4% made in
May 08, 2024
Overall business activity in the euro zone expanded at its fastest pace in nearly a year this month as a buoyant recovery in the bloc's dominant service industry
May 07, 2024
British businesses recorded their fastest growth in activity in nearly a year this month, according to preliminary purchasing managers' data that points to a
May 07, 2024
Japanese Finance Minister Shunichi Suzuki said last week's meeting with his U.S. and South Korean counterparts has laid the groundwork for Tokyo to
May 07, 2024
A key measure of Japan's trend inflation slowed to 1.3% in March, marking the smallest year-on-year increase in 11 months, data showed on Tuesday.
May 07, 2024
Vietnam's gross domestic product is seen growing 5.5% this year, the World Bank said on Tuesday, faster than an expansion of 5.05% last year.
May 07, 2024
The Bank of Japan is expected to project inflation will stay around its 2% target for the next three years in new forecasts due on Friday, signalling
May 07, 2024
Japan's factory activity contracted but approached the break-even point in April, a business survey showed on Tuesday, suggesting the key sector is finally picking up after months of
April 22, 2024
Argentina's economic activity likely plunged 5.9% year-on-year in February, a Reuters poll of market analysts showed on Monday, which would make a fourth
April 22, 2024German industrial production is set to fall again this year and exports will stagnate, lobby group BDI forecast on Monday, flanked by other industry groups that also painted an
May 07, 2024
Mexico's economy is set to grow steadily after June's presidential election, in line with a decent performance in the United States, while the fiscal front
May 07, 2024
China's fiscal revenue in the first quarter fell 2.3% from a year earlier, as some special factors including previous tax cut policies weighed, the finance ministry said on Monday.
May 07, 2024
Bank Indonesia will cut its key interest rate next quarter and again in the fourth quarter, later than previously expected, as inflation rises and the rupiah
April 22, 2024
A look at the day ahead in European and global markets from Kevin Buckland The relief rally spreading through Asian markets is set to sweep into Europe at the open, with the FTSE in particular set for
April 22, 2024
South Korea's central bank chief on Friday said odds for any further policy action to stabilize the slumping Korean won now depend on how
April 19, 2024
Corporate Japan is starting to wonder if the weak yen has become too much of a good thing.
May 16, 2024
National Australia Bank posted a double-digit drop in first-half earnings on Thursday but talked up the strength of the economy and said a margin-
May 16, 2024
A look at the day ahead in Asian markets. Asia gets back up toward full speed on Thursday after many markets were closed for the May Day holiday, with the U.S.
May 16, 2024
The U.S.
May 16, 2024
The Bank of Japan's decision to keep policy unchanged last week gave yen bears plenty of sell cues, but largely overlooked in the stampede were signals the central
May 16, 2024
The Federal Reserve on Wednesday said it would leave interest rates unchanged and announced plans to slow the speed of its balance sheet drawdown, after having spent much of the earlier
May 16, 2024
U.S. stocks closed mixed on Wednesday after the Federal Reserve left its key interest rate unchanged, as expected, and indicated that while its next move will
May 16, 2024
Yum Brands reported a fall in quarterly global same-store sales on Wednesday, hurt by choppy demand for its KFC and Pizza Hut brands from inflation-weary consumers in
May 16, 2024
Portugal swung to an unexpected budget deficit of 259 million euros ($276 million) in the first quarter from a surplus of 5.1 billion euros a year ago, the
May 16, 2024
British clothing retailer Next on Wednesday kept its forecast for annual profit after reporting a 5.7% rise in first-quarter full price sales, slightly ahead of its
May 16, 2024
A look at the day ahead in European and global markets from Kevin Buckland The marquee markets event for the week is almost upon us, and needs little introduction: The outlook for U.S. interest rates
May 16, 2024
South Korea's exports rose for a seventh straight month in April, trade data showed on Wednesday, as strong demand for chips continued to lead growth while automobile sales and U.S.
May 15, 2024
Australia's biggest banks are likely to report weaker first-half profit as high operating costs and competition to sell mortgages and deposits squeeze margins, setting up
May 15, 2024
Asian shares are mostly higher ahead of a report on the U.S. jobs market
May 02, 2024
The number of Americans applying for unemployment benefits was unchanged last week and remains historically low as the labor market continues to show resiliency in the face of high interest rates and elevated inflation
May 02, 2024
A look at the day ahead in Asian markets.
May 17, 2024
U.S. stocks rallied on Thursday as investors weighed the Federal Reserve's more dovish-than-expected interest rate guidance on Wednesday against a plethora of mixed
May 17, 2024
Rare earths miner MP Materials reported wider-than-expected loss in first quarter on Thursday, hurt by lower concentrate sales and weak prices for the strategic minerals.
May 02, 2024The yen gained on Thursday, following a sudden rally late on Wednesday that traders and analysts attributed to intervention by Japanese authorities, while the
May 17, 2024
OPEC+ oil producers are scheduled to meet on June 2 to decide their next output policy steps, including whether to extend voluntary production cuts
June 10, 2024
The number of Americans filing new claims for unemployment benefits held steady at a low level last week, pointing to a still fairly tight labor market that
May 17, 2024
U.S. worker productivity growth slowed sharply in the first quarter, resulting in a surge in labor costs, but the trend in productivity remained solid.
May 16, 2024
Travel by rail and car across China surged on
May 16, 2024
The downturn in manufacturing activity across the euro zone deepened in April due to crumbling demand despite factories cutting prices, pushing firms to reduce
May 16, 2024
OPEC and its allies have yet to begin formal talks on extending voluntary oil output cuts of 2.2 million barrels per day beyond June, but
May 16, 2024
On a noisy factory floor in Columbus, Ohio, trade union apprentice Jorge Herrera moved quickly as he assembled ventilation ducts to be
May 02, 2024
Hong Kong's economic grew 2.7% in the first quarter on the year, official advance estimates showed on Thursday, driven by an increase in visitor arrivals and private consumption.
May 16, 2024
Japanese household spending probably accelerated its pace of declines in March, a Reuters poll showed on Thursday, underscoring the difficulties facing policymakers keen to engineer
May 16, 2024
The global economy is growing faster than expected only a few months ago thanks to resilient U.S. activity while inflation is converging more quickly than expected
May 16, 2024
Indonesia's annual inflation rate cooled slightly in April as pressure from some food prices eased as the harvest season began, the
May 16, 2024
Federal Reserve Chairman Jerome Powell's reassuring message following the central bank’s monetary policy meeting may not calm frazzled U.S.
May 16, 2024
Many Bank of Japan board members agreed the country's long-term interest rates should be set by markets, with some saying the central bank should at some point slow
May 16, 2024
South Korea's factory activity contracted again in April, but manufacturers' optimism climbed to the highest level in nearly two years as output and orders managed to
May 16, 2024
Public employees in Venezuela will receive $130 per month in bonuses, President Nicolas Maduro said on Wednesday, amid demands by workers for salary increases and
May 16, 2024
Foreign direct investment (FDI) into Europe fell 4% last year, with Germany seeing a sharp 12% drop in projects amid concern over its economic slowdown and energy
May 16, 2024
The nation’s employers pulled back on their hiring in April but still added a decent 175,000 jobs in a sign that persistently high interest rates may be starting to slow the robust U.S. job market
May 02, 2024
American Express's first-quarter profit vaulted past estimates on Friday thanks to its affluent customers, and the company is looking to broaden its
May 04, 2024
U.S. equity funds suffered sharp outflows in the seven days to April 17 as investors anticipated prolonged restrictive interest rates amid stubborn inflation in a resilient U.S. economy.
May 04, 2024
The Bank of Japan will raise interest rates again in 2024, according to two-thirds of economists polled by Reuters, but there was no clear consensus on when
May 04, 2024
China is widely expected to leave benchmark lending rates unchanged on Monday, a Reuters survey showed, as encouraging first quarter economic data reduces the urgency for further
May 03, 2024
Britain's national election, expected later this year, will take place against a backdrop of persistently slow economic
May 03, 2024
South Korea's finance ministry said on Friday that authorities would take immediate and decisive action if it became necessary to respond to excessive volatility in the foreign
May 03, 2024
Indonesia's trade surplus is estimated to have widened in March as imports were seen easing from a seasonally high demand in the prior month, a Reuters poll showed on Friday.
May 03, 2024
Some of the world's biggest investors are staying away from France's government debt, feeling underpaid to take on exposure to its deteriorating
May 03, 2024
The International Monetary Fund urged Asian central banks on Thursday to focus on domestic inflation and avoid tying their policy decisions too closely to
May 03, 2024
G20 finance ministers and central bank governors are adjusting to expectations for a later start to U.S. interest rate cuts, which has caused a worldwide asset
May 03, 2024
Japan appears to have bought some time and respite for a tumbling yen through its latest bursts of suspected , yet it has also set itself up for a
May 18, 2024
The European Central Bank is "most likely" to cut interest rates just three times this year as stronger-than-expected economic growth supports inflation, ECB policymaker Yannis
May 18, 2024
A look at the day ahead in European and global markets from Ankur Banerjee: A more dovish-than-expected Federal Reserve meeting and an eye-watering $110 billion share buyback programme from Apple have
May 18, 2024
The U.S. central bank's 2% target for inflation is key to achieving price stability and essential for ensuring economic prosperity, New York Federal
May 20, 2024
Canada's services sector contracted at a slower pace in April as firms notched some unexpected sales and added workers, but increased wages led to inflation pressures
May 20, 2024
The prospect of interest rates remaining elevated as the Federal Reserve battles inflation is further clouding the outlook for shares of smaller U.S. companies,
May 20, 2024
Global equity funds experienced renewed interest from investors in the seven days through May 1, buoyed by a surge in inflows to Asia amid optimism about an economic recovery in the region
July 02, 2024
Mexico's peso is set to navigate between a relatively firm economy on one side and some political doubts on the other, with a small depreciation expected in
May 19, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan The strength of the U.S. labor market will give Wall Street's interest rate relief a reality check on Friday, but Apple's monster
May 19, 2024
Warren Buffett said he expects the U.S. government to increase taxes to tackle widening fiscal deficits rather than reduce spending.
May 20, 2024
Saudi Arabia's non-oil business activity grew at a steady rate in April despite a slowdown in new order growth, a survey showed on Sunday, with domestic demand driving output.
July 02, 2024
Global economic weakness and a slowing domestic economy were among the reasons Australia will report a smaller revenue increase in its federal budget for the year ended June 30
May 20, 2024
China's services activity expansion slowed a touch amid rising costs, but growth in new orders accelerated and business sentiment rose solidly in a boost to hopes of a sustained
May 20, 2024
Activity across Russia’s services sector in April grew at its slowest rate in 15 months, a business survey showed on Monday, as the increase in new orders lost pace amid slackening demand.
May 20, 2024
Indonesia's economic growth in the first quarter beat expectations, buoyed by high public spending for the country's elections, but
May 20, 2024
Euro zone business activity expanded at its fastest pace in almost a year last month as a resurgence in the bloc's dominant services industry more than offset a deeper downturn in
May 21, 2024
A look at the day ahead in U.S. and global markets from Dhara Ranasinghe.
May 21, 2024
Finishing the battle against inflation will likely require a hit to demand, after a year in which U.S. price pressures cooled largely through
May 21, 2024
A look at the day ahead in Asian markets.
May 21, 2024
South Korea's foreign exchange reserves dropped in April by the biggest amount in 19 months as authorities intervened in the currency market to curb weakness in the won currency.
May 21, 2024
Bank Negara Malaysia (BNM) will leave its key interest rate at 3.00% and keep it unchanged at least until 2026, despite a weakening currency and a
May 21, 2024
Wall Street pared earlier gains on Tuesday after equity markets elsewhere rallied as investors parsed when and by how much the Federal Reserve cuts
July 02, 2024
The Reserve Bank of Australia on Tuesday left its cash rate unchanged at 4.35% following a policy meeting.
May 21, 2024
A look at the day ahead in European and global markets from Tom Westbrook Gilts and London stocks were poised to catch up with global gains, following Monday's market holiday.
May 21, 2024
By Natalia A.
May 22, 2024
Argentina has a new largest banknote, the 10,000 peso, which is five times the size of the previous top bill but still only worth around $10 as the South American country grapples with the
May 22, 2024
Hungarian Prime Minister Viktor Orban's cabinet will discuss fuel prices again on Wednesday despite a recent fall in prices driven by government pressure on traders to align
May 22, 2024
Global equity markets mostly faltered on Wednesday as investors await fresh inflation data to better assess the likelihood of Federal
July 02, 2024
The dollar gained on Wednesday as investors continued to bet on the U.S. economy outperforming peers and was higher for the third day
May 22, 2024
Morgan Stanley said it now expects the U.S.
July 02, 2024
Egypt's non-oil private sector continued to shrink in April despite a $35 billion investment deal signed with the United Arab Emirates in February and an $8 billion IMF agreement in
May 22, 2024
Germany's economy will stagnate in 2024 despite a stronger than expected start to the year, and will continue to lag behind European peers, according to German
May 22, 2024
India does not see any nasty upside to inflation at the moment, and expects its economy to expand by more than 7% in the current fiscal year, V.
May 22, 2024
Thailand's economy is expected to grow 2.2% to 2.7% this year, down from a previous forecast of 2.8% to 3.3% due to a slow export recovery, a leading joint business group said on
May 22, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan Wall Street looks to have brushed off the latest hawkish Federal Reserve noises and Disney's outsize swoon, with European bourses
May 22, 2024
Europe's main index ended Wednesday at a record high as investors cheered strong earnings from the likes of beer maker Anheuser-Busch Inbev and
May 22, 2024
Ukraine is pushing to secure a debt restructuring before a two-year payment freeze agreed by holders of its $20 billion of outstanding international bonds
May 22, 2024
U.S. bond giant PIMCO said on Wednesday it is increasing its bond exposure in developed markets outside the United States as inflation could complicate the
May 22, 2024
Argentina's industrial output plunged 21.2% in March from a year ago, the INDEC statistics agency said on Wednesday, the worst slide since the depths of the COVID-19 pandemic
May 22, 2024
By Michael S.
May 23, 2024
A look at the day ahead in Asian markets.
May 22, 2024
Prices in Argentina have surged so dramatically in recent months that the government has multiplied the size of its biggest bank note by five — to 10,000 pesos, worth about $10
May 08, 2024
The dollar weakened against most currencies on Thursday after economic data showed more signs of softening in the U.S. labor market, while the pound rebounded
May 24, 2024
Europe's benchmark index inched up to close at a record high on Thursday, driven by a jump in industrial stocks, while shares of Spanish bank BBVA hit
May 24, 2024
Italy has no plans to backdate upcoming curbs on costly fiscal incentives for home renovations to before 2024, a junior Treasury minister said on Thursday, in an
May 24, 2024
South Korean President Yoon Suk Yeol called for tax incentives to encourage corporate participation in the government's reform programme as well as detailed measures to improve
May 24, 2024
Falling crop prices are leaving agriculture equipment sellers with an excess of unsold tractors and combines.
May 24, 2024
Egypt's foreign debt climbed by $3.5 billion in the three months to the end of December, according to central bank data released on Thursday.
May 23, 2024
The number of Americans filing new claims for unemployment benefits rose last week to the highest level in more than eight months, offering more evidence that
May 24, 2024
Global central banks that moved together to battle inflation are starting to scatter, with European rate setters turning dovish while the U.S.
May 24, 2024
Roblox cut its annual bookings forecast on Thursday, fanning concerns about a slump in the videogame industry and sending its shares down 23% to mark their worst day in
May 24, 2024
U.S. mortgage rates fell this week for the first time in more than a month amid signs of slowing economic activity, but remain too high to provide a significant boost to the
May 24, 2024
Brazil's markets fell on Thursday after the central bank cut rates in a split decision that saw appointees of the current government advocating for a larger reduction, sparking
May 24, 2024
Peru's poverty rate rose again last year, official data showed on Thursday, as South America's fourth biggest nation struggles to emerge from a painful recession amid
May 24, 2024
The Cuban sugar harvest is winding down at the lowest tonnage since 1900, forcing the government to import and putting more pressure on its domestic rum, soft drink
May 24, 2024
A look at the day ahead in Asian markets.
May 24, 2024
Japan's consumer spending fell for the 13th straight month in March, creating challenges for policymakers who are seeking to drive stronger
May 24, 2024
An annual survey of more than 500 European companies has found that slowing growth in China is weighing on company plans to expand their businesses in the world’s second largest economy
May 09, 2024
U.S. stocks coasted to the close of another winning week with a quiet, mixed finish
May 10, 2024
Zimbabwe will fine businesses using inflated exchange rates as the government battles to maintain the value of its newly introduced gold-backed currency, the Zimbabwe Gold (ZiG).
May 25, 2024
The Biden White House wants voters to know about its differences with Republicans over taxes
May 10, 2024
Japan's economy likely contracted an annualised 1.5% in the January-March quarter as all key drivers of growth slumped due to an uncertain outlook, a Reuters poll
May 27, 2024
U.S.
May 27, 2024
Private-sector members of a key government panel on Friday urged the Bank of Japan to be vigilant to the risk of sharp declines in the yen
May 25, 2024
Canada's economy added five times the number of jobs that were forecast for April and the unemployment rate unexpectedly held at 6.1%, data showed on Friday,
May 25, 2024
Demand for global equity funds rose sharply in the seven days to May 8, driven by renewed bets on Federal Reserve interest rate cuts after a softer than anticipated U.S. employment report.
May 25, 2024
Consumer sentiment fell sharply in May to the lowest level in six months as Americans cited concerns about stubbornly high inflation and interest rates and fears that unemployment could rise
May 10, 2024
Debate over whether U.S. interest rates are high enough deepened among Federal Reserve officials this week, and may be stoked further after a
May 26, 2024
Brazil's annual inflation continued to trend down but slightly less than expected in April, official data showed on Friday, in the first consumer price readings after the
May 26, 2024
A federal judge in Texas temporarily halted a plan by the Biden administration to lower late fees on credit cards to $8 that was slated to go into effect next week
May 10, 2024To some elite financiers who gathered in Los Angeles for the Milken Institute conference, a debt binge in private markets is reminding them of the go-go days of risk-
May 28, 2024
France secured on Sunday new jobs and investments with Internet giant Amazon, healthcare company Pfizer and Wall Street bank Morgan Stanley, as
July 02, 2024
A look at the day ahead in Asian markets.
May 27, 2024
Japan is seeing conditions fall in place for the central bank to normalise monetary policy, ruling party heavyweight Katsunobu Kato told
May 27, 2024
The dollar eased versus most major currencies on Monday amid expectations key U.S. data this week will show a slowing pace of inflation and
May 28, 2024
Asian shares are mixed in muted trading after U.S. stock indexes were little changed
May 13, 2024
The sharp interest rate hikes of the past two years will likely take longer than previously expected to bring down inflation, several Federal Reserve officials have said in recent comments, suggesting there may be few, if any, rate cuts this year
May 13, 2024
India's retail inflation rate eased slightly in April, partly due to lower fuel prices, although food prices remained elevated, government data showed on
May 28, 2024
By Michael S.
May 28, 2024
Corporate price gouging has not been a primary driver of U.S. inflation, according to research published on Monday by economists at the Federal Reserve Bank of San Francisco.
May 28, 2024
A look at the day ahead in Asian markets.
May 28, 2024
The Philippine central bank will keep its key policy rate unchanged on Thursday, according to a Reuters poll of economists who now expected the
May 28, 2024
The dollar eased on Tuesday after an unexpected increase in U.S. producer prices in April amid strong gains in the costs of goods and
May 29, 2024
The euro has resisted falling to parity with the dollar for now, thanks to a rosier economic backdrop, to the relief of European Central
May 28, 2024
Asian stocks have advanced after equities rose on Wall Street, with the Nasdaq composite hitting a record high
May 14, 2024
German inflation inched up in April to 2.4%, the federal statistics office said on Tuesday, confirming preliminary data.
May 28, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan Macro markets have basically frozen ahead of this week's big U.S. inflation releases, with sideshow entertainment provided by a fresh
May 29, 2024
South Africa's unemployment rate rose for the second quarter in a row to 32.9% in the first three months of this year, data showed on Tuesday, two weeks before the
May 29, 2024
German investor morale improved more than expected in May, reaching its highest level since February 2022, when Russia invaded Ukraine, the ZEW economic research
May 29, 2024
The Bank of England might be able to consider cutting interest rates over the summer although Britain's labour market remains tight by historical standards, the central bank's chief
May 29, 2024
Traders on Tuesday pared bets the Federal Reserve will deliver a first interest-rate cut in September after a government report showed wholesale prices rose more than expected in April.
May 29, 2024
Federal Reserve Chair Jerome Powell said Tuesday that the central bank is unlikely to raise its key interest rate in response to signs of stubborn inflation and underscored his view that price increases would soon start to cool again
May 14, 2024
The French economy is set to expand slightly in the second quarter after growing 0.2% in the first quarter, the country's central bank said on Tuesday in its monthly business survey.
May 29, 2024
Investors’ newfound optimism on the U.S. economy faces an important test on Wednesday, with consumer price data set to show whether the soft landing hopes that
May 29, 2024
Argentine market traders are betting the central bank will cut its benchmark interest rate again this week given the slowdown in monthly inflation and a planned
May 29, 2024
Indonesia posted a slightly bigger-than-expected trade surplus in April of $3.56 billion, as the country saw smaller-than-estimated imports,
May 30, 2024
The Thai industrial sentiment index dropped in April, dented by slowing domestic demand, a government minimum wage hike plan and drought, the Federation of Thai Industries (FTI)
May 30, 2024
Asian shares are higher after U.S. stocks rallied to records on hopes that inflation is heading back in the right direction
May 15, 2024
Big public debts typically stem from big economic and political junctures that require government to spend big - but reining them back risks 'creative' solutions
May 30, 2024Two wars and high borrowing costs have trimmed expected growth in countries covered by the European Bank for Reconstruction and Development (EBRD), the bank said in
May 30, 2024
Led by lower food and auto prices, inflation in the United States cooled slightly last month after three elevated readings, likely offering a tentative sigh of relief for officials at the Federal Reserve as well as President Joe Biden’s re-election team
May 14, 2024
Americans unexpectedly paused their spending in April from March as inflation continued to sting and elevated interest rates made taking on debt more burdensome
May 15, 2024
Hungry people in the U.S. faced a $33.1 billion shortfall in funds for basic food needs in 2022, but nearly half of them will not qualify for aid, according to a report by
May 30, 2024
U.S. consumer prices increased less than expected in April, suggesting that inflation resumed its downward trend at the start of the second quarter in a boost to financial market
May 30, 2024
Nigeria's headline consumer inflation accelerated to a new 28-year high in April, hitting 33.69% year-on-year, up from 33.20% in March, statistics agency data
May 30, 2024
The dollar rose on Thursday after data showed U.S. import prices increased 0.9% last month, a jump that raised concerns the Federal
June 01, 2024
The Dow Jones industrial average crossed the 40,000 level on Thursday for the first time and a world stock index scored a third straight record intraday
July 02, 2024
Japan has reported that its economy contracted at an annual rate of 2% in the first quarter of the year, as spending and exports declined
May 16, 2024
South Korea's state-run think tank on Thursday raised its economic growth forecast for this year and said inflation is expected to ease at a slightly slower pace, as it noted the
May 31, 2024
Israelis resumed shopping and businesses invested in residential housing in the first three months of 2024, leading to a sharp economic rebound after growth was
May 31, 2024
Federal Reserve Bank of New York President John Williams was interviewed by Reuters on Wednesday.
May 31, 2024
High energy costs, weak global demand, a disruptive shift towards net-zero economies, and growing competition from China are raising existential questions for
May 31, 2024
A campaign by Chinese authorities to encourage people to replace their old apartments with new ones is attracting interest, but faces one
May 31, 2024
Fewer Americans applied for unemployment benefits last week as layoffs remain at historically low levels even as other signs that the labor market is cooling have surfaced
May 16, 2024
NEW YORK (Reuters - The Dow Jones Industrial Average surpassed 40,000 points for the first time on Thursday, the blue-chip index's fastest 10,000 point-climb, powered by strong quarterly results and
May 31, 2024
The Dow Jones Industrial Average breached the 40,000-point level for the first time ever on Thursday, its fastest 10,000-point climb, powered by strong quarterly
July 02, 2024
Georgia's central bank said on Thursday it had spent $60 million in reserves to support the lari after a surge in demand for foreign currency, its
May 31, 2024
The average rate on a 30-year mortgage in the U.S. fell for the second straight week, giving some relief to home shoppers already facing sky-high prices and a shortage of supply
May 16, 2024
Data this week offered the U.S.
June 01, 2024
Brazil's Finance Ministry on Thursday hiked its projection for economic growth this year but also raised inflation estimates for 2024 and 2025, underlining price impacts from
June 01, 2024
The Dow Jones Industrial Average, a laggard among the major U.S. stock indexes this year, got its moment in the spotlight on Thursday as
June 03, 2024
Malaysia's economy grew faster than expected in the first quarter of 2024, helped by household spending and a turnaround in exports, though
June 02, 2024
A world stock index rose for a seventh straight session and U.S.
July 02, 2024
The dollar retreated against major currencies on Friday as market speculation continues to swirl about the timing of Federal Reserve
June 03, 2024
The Dow Jones Industrial Average finished a day above the 40,000 level for the first time as U.S. stock indexes drifted around their record heights to close their latest winning week
May 17, 2024
China will allow local government authorities to buy some homes at "reasonable" prices to provide affordable housing, Vice Premier He Lifeng told an online meeting on housing policy on
June 02, 2024
Foreign investors have reduced by nearly $2 billion their securities holdings in Vietnam's main stock market since early 2023 despite the
June 02, 2024Japan's weak consumption may heighten, rather than tame, already growing political pressure on the central bank to raise interest rates to slow the yen's declines
June 04, 2024
Becalmed by a likely interest rate cut as soon as next month, euro zone government bond markets seem serene - but the European Central Bank continues to fret about
June 03, 2024
Foreign investors were net sellers of Asian bonds for a second straight month in April as a strong U.S. dollar and uncertainties around the Federal Reserve's interest rate cuts dampened
June 02, 2024
The Dominican Republic's Luis Abinader, an anti-corruption crusader who helped catapult the island nation's economy from pandemic lows to one of the fastest growing in
June 03, 2024
Markets are hoping for evidence that will solidify a brightening global economic outlook, though rising trade tensions are casting a cloud, while G7 finance ministers gather in Italy.
June 03, 2024
The Federal Reserve Bank of New York is bolstering its data offerings tracking the state of supply chains.
June 03, 2024
Russian Deputy Prime Minister Alexander Novak, point man for the energy sector and negotiations with the OPEC+ grouping, has been given new responsibilities for coordinating the economy,
June 03, 2024
The dollar edged up against the euro on Monday as investors awaited further clues on the path of U.S. interest rates in the wake of cautious comments from
June 04, 2024
Thailand trimmed its economic growth forecast for 2024 on Monday despite a better-than-expected expansion in the January-March quarter,
June 04, 2024
Indonesia's central bank will keep its key interest rate on hold through next quarter to support a weak rupiah and only a slim majority expect a Q4 cut which
June 04, 2024
China left benchmark lending rates unchanged at a monthly fixing on Monday, in line with market expectations.
June 04, 2024
Japan's large manufacturers saw exchange rate stability as the biggest factor they wanted out of the central bank's monetary policy, a Bank of Japan survey showed on
June 04, 2024European shares ended marginally higher on Monday, with defence stocks in the lead, but gains remained in check as investors awaited economic data
June 04, 2024
In the fields of Pergamino in Argentina's grain heartland, farmer Adrian Farroni is revving up his soybean harvest late, delayed by rains that
June 04, 2024
Taiwan's export orders rose more than expected and at the quickest pace in two years in April, with the government optimistic about the potential future
June 04, 2024
Global physical crude oil markets are weakening because of soft refinery demand and ample supply, traders and analysts told Reuters, in a move
June 04, 2024
Copper's lightning rally to record highs may not be sustainable in the coming weeks, with action concentrated on the shipment of material to cover
June 04, 2024
More than a third of Italian teenagers want to emigrate when they are older, according to a survey by national statistics institute Istat which also found that young people have
June 04, 2024A new set of supply availability indexes show that improvement in firms' access to inputs hit a wall over the past couple of months, the Federal Reserve Bank of New York said on Monday.
June 04, 2024
U.S. inflation data through the first months of 2024 has been "disappointing," Fed vice chair for supervision Michael Barr said on Monday,
June 04, 2024
Fresh from a tour of Real Madrid's glittering Santiago Bernabeu stadium in the Spanish capital, Guadalupe Rebollo says a holiday in Spain with her
June 05, 2024
German producer prices fell more than expected in April due mainly to lower energy prices, the federal statistics office reported on Tuesday. Producer prices decreased by 3.3% on the year.
June 05, 2024Thailand's new finance minister has refrained from pressuring the central bank and has a chance to
June 05, 2024
Britain's once towering inflation rate looks set to fall close to the Bank of England's 2% target on Wednesday, but it may be other figures in the data that influence the BoE's
June 05, 2024
The number of U.S. customers shopping for auto insurance in the first quarter was 6% higher than a year earlier, according to credit reporting agency TransUnion, underscoring efforts to
June 05, 2024
EU countries have formally adopted a plan to use windfall profits from Russian central bank assets frozen in the EU for Ukraine's defence, the Belgian government said on Tuesday.
June 05, 2024
Sri Lanka's consumer price inflation rose to 2.7% in April from 2.5% in March, official data showed on Tuesday.
June 05, 2024
The European Central Bank should not necessarily follow up a rate cut in June with another move the following month, even if inflation is on its way to target, Bundesbank
June 05, 2024
Argentina's economic activity index is expected to have shrunk 6.9% year-on-year in March, its deepest drop since 2020 and the fifth monthly contraction in a
June 05, 2024
Inflation in the U.K. fell sharply to its lowest level in nearly three years in April on the back of big declines in domestic bills
May 22, 2024
The dollar rose against the euro on Wednesday after minutes of the last Fed meeting showed officials acknowledging disappointment over recent inflation
June 07, 2024
Japanese business morale held steady in May, but manufacturers and service-sector firms complained that inflationary pressures driven by the weak yen were
June 05, 2024
Emboldened by China's latest measures and pledges to fix the weakest parts of its struggling economy, domestic investors are scooping up
June 05, 2024
You have the US space program to thank for some of the technology in your phone and laptop.
May 22, 2024
From Brazil, Nigeria and Turkey to even some of the riskiest emerging markets such as Egypt and Zambia, evidence is growing that a decade-long deterioration in
June 06, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan While the inflation and interest rate world continues to throw up unpleasant surprises, it's hard to imagine much of a shift in major
June 06, 2024
British Prime Minister Rishi Sunak on Wednesday called an election, naming July 4 as the date for a vote his governing Conservatives are widely expected to lose to the opposition
June 06, 2024
The Bank of Canada (BoC) may dash hopes of a June interest rate cut and instead move in July, which will give it seven more weeks of key data to confirm the
June 06, 2024
After several unexpectedly high inflation readings, Federal Reserve officials concluded at a meeting earlier this month that it would take longer than they previously thought for inflation to cool enough to justify reducing their key interest rate, now at a 23-year high
May 22, 2024
The winners of Britain's election on July 4 will have to tackle an economy that looks stuck in a rut of slow growth with high levels of debt limiting the next
June 06, 2024
El Salvador's Congress on Wednesday signed off on a $1.5 billion debt issuance to finance its credit portfolio and the Central American nation's general budget.
June 07, 2024Nearly half of Japanese firms find the yen's slide beyond 155 to the dollar harmful to their business, roughly double the percentage of those who see the
June 07, 2024
A look at the day ahead in Asian markets.
June 07, 2024
The number of Americans applying for unemployment benefits fell last week as layoffs remained historically low levels
May 23, 2024
Euro zone consumer confidence rose by 0.4 points in May from the April number, figures released on Thursday showed.
June 08, 2024
Bank of Japan Governor Kazuo Ueda said on Thursday the economy was on track for a moderate recovery, suggesting a slump in first-quarter gross domestic
June 07, 2024
U.S. stocks ended sharply lower on Thursday as enthusiasm over Nvidia's quarterly results faded and robust economic data fueled concerns over tighter-for-longer
June 09, 2024
British Prime Minister Rishi Sunak and his Labour Party rival Keir Starmer kicked off their election campaigns on Thursday, each arguing that only
June 08, 2024The Bank of England allotted 16.245 billion pounds ($20.64 billion) of one-week funds in its short-term repo operation on Thursday, the largest usage of the facility since it
June 07, 2024
Germany's long-awaited economic recovery is not materialising and the euro zone's largest economy will only stagnate this year, the German chambers of commerce and industry (DIHK)
June 07, 2024
The United Arab Emirates' (UAE) economy grew 4.3% year-on-year in the fourth quarter of 2023, preliminary government data showed, with non-oil economic growth vastly outperforming
June 07, 2024
Business activity in India expanded robustly in May, helped by the dominant services industry, according to a survey that also showed exports rising at a record
June 07, 2024
A look at the day ahead in Asian markets.
June 09, 2024
If you want evidence of how much the 'soft landing' narrative is driving bullish investor sentiment, look no further than benchmark measures of implied
June 10, 2024
The dollar slipped against most major currencies on Friday as traders booked profits after recent gains but the U.S. currency remained well-placed for further
June 11, 2024
Japan's core inflation slowed for a second straight month in April, likely signalling that the Bank of Japan will be patient in raising
June 10, 2024
U.S. stocks rallied and crude oil prices rebounded after upbeat economic data on Friday as investors positioned themselves ahead of the long U.S.
July 02, 2024
As Britain prepares for a general election in early July, and polls indicate the opposition Labour party could return to power for
June 12, 2024
Global equity funds secured robust inflows in the week ended May 22, driven by optimism over slowing inflation and expectations of U.S.
June 10, 2024
The German economy grew by 0.2% in the first three months of 2024, the statistics office reported on Friday, confirming preliminary data.
June 10, 2024
India's incoming government will be greeted with a $25 billion cheque from the central bank, giving it the option to either boost spending or
June 10, 2024
Japanese factory output likely grew for a second straight month in April while retail sales picked up, a Reuters poll showed on Friday, highlighting budding
June 10, 2024
The Bank of Japan will decide to start tapering the size of its bond-buying by end-July, according to nearly two-thirds of economists polled by Reuters, while
June 10, 2024
The Organization of the Petroleum Exporting Countries (OPEC) and allies including Russia are known collectively as OPEC+ and will meet on June 2 to discuss their joint oil production
June 10, 2024Finance leaders of the Group of Seven (G7) advanced nations on Saturday reaffirmed their commitment to warn against excessively volatile currency moves,
June 11, 2024
Recent economic data strengthens the European Central Bank's confidence about lowering borrowing costs as inflation eases, ECB board member Piero Cipollone said on Sunday.
June 11, 2024
World shares firmed on Monday as investors braced for a busy run of inflation data that could set the scene for a European rate cut as soon as next week and a U.S.
June 12, 2024
The European Central Bank has room to cut interest rates as inflation slows but must take its time in easing policy, even if the direction of travel is already clear, key policymakers said
July 02, 2024
Sri Lanka's tea producers on Monday condemned a government order to increase wages by 70%, saying it would make their tea globally uncompetitive and reduce
June 12, 2024
Thailand plans stimulus measures in the short term to jumpstart its economy, which is expected to grow just 2.5% this year when it
June 12, 2024The European Central Bank will cut interest rates at a slower or faster pace depending on the strength of underlying inflation and demand, ECB chief economist Philip Lane said on
June 12, 2024
Airfares in Europe and Asia are starting to plateau or fall in a sign that a prolonged post-COVID travel
July 02, 2024
Sri Lanka's central bank held interest rates steady on Tuesday to ensure inflation pressures remain in check as authorities look to foster economic stability
June 12, 2024
Consumer prices in Brazil rose less than expected in the month to mid-May, data from statistics agency IBGE showed on Tuesday, as the impact on food
June 13, 2024
The European Central Bank can gradually reduce interest rates given the decline in inflation, and decisions on future cuts could centre around quarterly meetings with new economic
June 12, 2024
Minneapolis Federal Reserve Bank President Neel Kashkari said in an interview with CNBC broadcast on Tuesday that the U.S. central bank should wait for significant progress on inflation
June 12, 2024
Euro zone consumers lowered their inflation expectations last month, a fresh European Central Bank survey showed on Tuesday, just as the bank was making plans to start rolling
June 12, 2024
Prices in British shops rose at the slowest pace in 2-1/2 years this month, according to the British Retail Consortium which said the rate of inflation in the sector was back to
June 12, 2024
An increase in the number of hot days as climate change warms the globe would likely damage the U.S. economy over the long-term, according to research published on Tuesday by
June 13, 2024
The U.S.
June 13, 2024
A look at the day ahead in European and global markets from Kevin Buckland Soaring bond yields continued to unnerve equity investors on Wednesday, with benchmark U.S.
June 13, 2024
China's economy is set to grow 5% this year, after a "strong" first quarter, the International Monetary Fund said on Wednesday, upgrading its earlier forecast of 4.6%
June 12, 2024
A global equities gauge fell on Wednesday while U.S.
July 02, 2024
British Prime Minister Rishi Sunak's Conservative Party said it would create 100,000 more high skilled apprenticeship places per year by 2029 if it wins a national election on July
June 13, 2024
A European Central Bank interest rate cut on June 6 appears certain, according to all 82 economists polled by Reuters, a majority of whom predicted two further
June 12, 2024
U.S. stocks fell on Wednesday amid further gains in Treasury yields and concern over the timing and scale of possible interest rate cuts from the Federal
June 14, 2024
The global unemployment rate is expected to fall slightly to 4.9% this year from 5.0% in 2023, even as inequalities in labour markets persist, the International Labour
June 12, 2024
Thailand's new finance minister has caught investor attention with a more conciliatory approach to the central bank, opening a window for policy
June 14, 2024
Inflation in three German states inched up in May, preliminary data showed, suggesting that national inflation in Europe's biggest economy may rise slightly, although price growth
June 12, 2024
While much of Europe faces tough choices about how to cut budgets to bring down soaring debt, thrifty Sweden has a more enviable dilemma: how to use its strong
June 14, 2024
Nigerian President Bola Tinubu on Wednesday signed a bill switching back to a national anthem composed by a British expatriate and adopted at independence, a move some
June 28, 2024
A look at the day ahead in Asian markets.
June 13, 2024
A look at the day ahead in European and global markets from Rae Wee The lack of fresh market moving catalysts on Thursday meant that the higher-for-longer rates narrative was here to stay, at least
June 13, 2024
The dollar fell on Thursday after revised data showed that gross domestic product, the broadest measure of economic activity, grew at slower pace than previously
June 16, 2024
Thailand's manufacturing production index unexpectedly rose 3.43% in April from a year earlier, increasing for the first time in 19 months, helped by higher exports and tourism,
June 14, 2024
New Zealand’s government on Thursday outlined a soft economy, rising unemployment and a weaker balance sheet as it delivered modest tax relief but lowered new
July 02, 2024
Global bond markets face the biggest amount of net sovereign issuance so far this year in June, just as economic data throws rate cuts into doubt, testing
June 14, 2024
Taiwan's trade-reliant economy is expected to grow at a faster pace in 2024 than previously forecast, owing to high demand for artificial intelligence (
June 14, 2024
The number of Americans applying for unemployment benefits ticked up last week, but layoffs remain historically low in the face of lingering inflation and high interest rates
May 30, 2024
South Africa's currency, stocks and bonds fell on Thursday amid political uncertainty after election projections showed the African
June 15, 2024
Nigerian Josephine Akiga looks around her empty restaurant in Abuja, where a sole customer sits eating, longing for the days when the place
July 02, 2024
Russia's proposed tax hikes for companies and the wealthy, which may add an extra $30 billion to next year's budget revenues, will allow
June 14, 2024
The number of Americans filing new claims for unemployment benefits ticked higher last week, but underlying strength in the labor market still shows signs of persisting and should continue
June 14, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan This week's bout of bond market anxiety eased a touch on Thursday, but investors wary of heavy sovereign debt sales and election
June 14, 2024
Prime Minister Justin Trudeau has told Donald Trump that Americans would also suffer if the president-elect follows through on a plan to impose sweeping tariffs on Canadian products
December 02, 2024
Agribusiness giant Cargill is laying off thousands of its employees
December 03, 2024
Nearly 130 countries recommitted on Thursday to save the first pillar of a global tax deal on highly profitable multinationals by the end of June, the co-chairs of a three-day
June 16, 2024
U.S.
June 15, 2024
Japan solidified its status as the world's largest creditor last year as the country's net international investment position grew to a new all-time high
June 15, 2024
Core consumer inflation in Japan's capital accelerated in May on rising electricity bills but price growth excluding the effect of fuel eased,
June 17, 2024
India's economy is expected to have grown at a slower pace in the January-March quarter than the previous three months, dampened by a moderation in manufacturing
June 17, 2024
The optics of sterling hitting its highest since 2016's Brexit referendum after a surprise UK election announcement is hard to ignore - and may suggest hope at margin
June 17, 2024
Hong Kong's April retail sales fell 14.7% from a year earlier, partly due to a drop in visitor spending and a surge in outbound trips during the Easter holidays, government data
June 17, 2024
Major economies grappling with housing crises will struggle to crank up the supply of affordable homes in coming years, according to a Reuters poll of property
June 17, 2024
A price gauge closely tracked by the Federal Reserve cooled slightly last month, a sign that inflation may be easing after running high in the first three months of this year
May 31, 2024
Pakistan's Planning Ministry said on Friday that the economic outlook for the next year was positive, with a growth target of 3.6%, while inflation was likely to moderate to 12%.
June 18, 2024
South Korea's exports rose for an eighth straight month in May, led by robust chip sales though overall growth in shipments lagged market expectations, trade data showed on Saturday.
June 18, 2024
Indian Prime Minister Narendra Modi will have to rely on regional allies to form the next government after his party failed to win a majority on its own, according to trends from
June 20, 2024
OPEC+ agreed on Sunday to extend most of its deep oil output cuts well into 2025 as the group seeks to shore up the market amid
June 18, 2024
Saudi Arabia's sale of shares in oil giant Aramco drew more demand than the stock on offer within hours of kicking off on Sunday, a
June 18, 2024
China's factory activity grew the fastest in about two years in May due to production gains and new orders, particularly at smaller firms, a private sector survey showed on Monday,
June 18, 2024
The dollar fell to a three-week low on Monday after data showed the U.S. economy is gradually slowing down with weaker-than-expected readings on
June 20, 2024
World stocks rose on Monday despite a subdued Wall Street following unexpected weakness in U.S. manufacturing data, feeding uncertainty
July 02, 2024
South Korea's factory activity expanded in May at the fastest pace in two years on stronger growth in output and orders thanks to broadening global demand, a private-
June 18, 2024
Japan's factory activity expanded for the first time in a year in May, a private-sector survey showed on Monday, but overall growth was modest and demand was still subdued while a
June 18, 2024
A look at the day ahead in Asian markets.
June 18, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan June kicks off with a series of big election results around the world - with big landslides unfolding for favoured candidates in
June 19, 2024
The head and deputy head of the body overseeing Indonesia's planned new capital have unexpectedly resigned, raising questions about the $32 billion project.
June 19, 2024
Claudia Sheinbaum has won a landslide victory to become Mexico's first female president, inheriting the project of her mentor and outgoing leader Andres Manuel Lopez Obrador, whose
June 19, 2024
Turkish annual consumer price inflation reached 75.45% in May, a bit above expectations, official data showed on Monday, in what is expected to
June 18, 2024
A look at the day ahead in European and global markets from Wayne Cole.
June 18, 2024
The typical compensation package for chief executives who run companies in the S&P 500 jumped nearly 13% last year, easily surpassing the gains for workers at a time when inflation was putting considerable pressure on Americans’ budgets
June 03, 2024
U.S. manufacturing activity slowed for a second straight month in May as new goods orders dropped by the most in nearly two years, and spending on construction projects slipped
June 19, 2024
European shares rose for the third straight session on Monday, led by bond-proxy sectors, as investors looked to a near certain interest rate cut from the
June 19, 2024
A change in the type of customers coming to Macau has seen smaller casino operators MGM China and Wynn Macau reap rewards, while larger rivals Sands China and
June 20, 2024
Prime Minister Narendra Modi’s National Democratic Alliance coalition has won a majority in parliament, according to official results from India’s Election Commission
June 03, 2024
Japan's government will warn of the pain a weak yen may inflict on households in this year's long-term economic policy roadmap, a draft seen by Reuters showed, as
June 20, 2024
Chinese policymakers last month unveiled a slew of support measures for the property sector, including a nod to local governments to buy
June 20, 2024
Myanmar's junta is cracking down on gold and foreign exchange traders and agents selling foreign real estate, with 35 arrests announced in the last two days as part of efforts to stabilise
June 20, 2024
A look at the day ahead in European and global markets from Kevin Buckland The once invincible dollar was still reeling on Tuesday after more macro evidence that the U.S. exceptionalism narrative may
June 20, 2024
Asian shares are mixed as investors weighed data highlighting a slowing U.S. economy that offers both upsides and downsides for Wall Street
June 04, 2024
A collapse in Colombia's tax collection is setting off alarm bells for the market, which says the government will need to contend with an estimated budget
June 20, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan With a still-powerful "buy the dip" instinct in stocks, U.S. markets are having a rare bout of jitters about a slowing economy - with
June 20, 2024
New orders for U.S.-manufactured goods increased for a third straight month in April, boosted by demand for transportation equipment.
June 20, 2024Prime Minister Rishi Sunak and Labour challenger Keir Starmer went head-to-head on Tuesday over how to boost Britain's economy,
June 21, 2024
The U.S. dollar drifted higher on Wednesday after data showed the services sector in the world's largest economy rebounded in May after contracting the
June 22, 2024
Indonesia's central bank will continue to intervene in the foreign exchange market to stabilise the rupiah, its governor said on Wednesday, adding that the
June 21, 2024
A quadrupling of the price of subsidised bread has made it harder than ever for Gamal Ahmad and millions of other Egyptians to get by.
June 21, 2024
Growth in India's services activity growth slowed to a five-month low in May as robust domestic demand weakened, according to a survey, which also showed exports
June 21, 2024
Capacity constraints weighed on non-oil business activity in the United Arab Emirates in May with output growth at its slowest in 16 months, a survey showed on Wednesday.
June 21, 2024
A look at the day ahead in European and global markets from Ankur Banerjee: A softening labour market and a cooling economy have traders perking up with expectations of a September rate cut from the
June 21, 2024
Australia's economy slowed to a crawl in the March quarter as high borrowing costs and still-elevated inflation put the brakes on consumer spending, even as the
June 21, 2024
Japan's service activity extended robust gains in May, a private sector survey showed on Wednesday, amid persistent inflationary pressures that have boosted expectations for another
June 20, 2024
Members of Venezuela's political opposition and the boards that supervise state-owned refiner Citgo Petroleum have met U.S. officials and lawmakers in recent days in a new effort
June 20, 2024
The dollar's relentless strength in the recent past will make way for minor weakness over the next 12 months, according to FX strategists in a Reuters poll, who
June 20, 2024
Election results in Mexico, South Africa and India jolted currencies and stocks alike, a stark reminder that politics still matter for markets in a
June 21, 2024
Dollar Tree said on Wednesday it was exploring options, including a potential sale or spinoff of its Family Dollar banner, as it looks to
June 21, 2024
Homelessness is on the rise across major Argentine cities as the new libertarian government's tough medicine reforms squeeze pensions,
June 24, 2024
Deere & Co said on Wednesday it would cut an unspecified number of production and salaried jobs to save costs as it grapples with a downturn in farm equipment demand.
June 21, 2024
The Bank of Canada trimmed its key policy rate on Wednesday, the first G7 country to do so, in a widely expected move that will ease pressure
June 21, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan Any investor trepidation about a slowing U.S. economy is once again being offset by renewed interest rate cut hopes - seeing the
June 21, 2024
India's government bonds will continue to attract foreign flows even as a narrower-than-expected victory margin for Prime Minister Narendra Modi-led alliance
June 21, 2024
Russia's unemployment rate dropped to a record-low 2.6% in April and real wages soared in March, data published by the federal statistics service
June 21, 2024
The U.S.
June 21, 2024
A look at the day ahead in Asian markets. So much for 'bad news is bad news'.
June 22, 2024
The European Central Bank cut its key interest rate by a quarter-point, moving ahead of the U.S. Federal Reserve as central banks around the world lean toward lowering borrowing costs — a shift with far-reaching consequences for home buyers, savers and investors
June 06, 2024
Remy Cointreau's shares rose more than 6% on Thursday after the drinks company expressed confidence about future growth following a tough year where profits fell sharply.
June 23, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan Wall Street's tech-led stock surge to new records has seen $3 trillion AI-champion Nvidia replace Apple as the world's 2nd most
June 23, 2024
German industrial orders unexpectedly fell in April, marking the fourth month in a row of decreases, due to a significantly smaller number of large-scale orders compared with the previous
June 23, 2024
Bank of Japan (BOJ) Governor Kazuo Ueda said on Thursday it would be appropriate to reduce the central bank's bond buying as it moves toward an exit from massive monetary
June 23, 2024
A rally that has propelled U.S. equities to record highs increasingly rests on red-hot chipmaker Nvidia and a handful of other giant stocks, reviving concerns
June 23, 2024
A look at the day ahead in European and global markets from Ankur Banerjee After the Bank of Canada became the first G7 country to cut interest rates, the stage is set for the European Central Bank to
June 23, 2024
Australia's surplus on trade goods rebounded in April as imports took a dive after several months of gains, though exports of iron and coal also softened, data showed on Thursday.
June 23, 2024
The prospect of raising Russia's corporate taxes was criticised by officials at last year's St Petersburg economic forum as a counterproductive move that would suppress
June 24, 2024
The European Central Bank raised some of its economic growth and inflation projections on Thursday, predicting a somewhat later return of price growth to its 2% target.
June 24, 2024
The European Central Bank cut borrowing costs from record highs on Thursday, acknowledging progress in its battle against high inflation but also signalling that fight
June 24, 2024
After two decades of the dollar's share of global foreign exchange reserves gradually eroding to less than 60%, economic, financial and geopolitical stars
June 24, 2024
The U.S. trade deficit widened in April as a jump in imports outpaced a slight increase in exports.
June 24, 2024
Traders scaled back bets that the
June 25, 2024
Official statistics say that China’s exports for May grew at their fastest pace in more than a year despite trade tensions, though imports fell short of analyst expectations
June 07, 2024
America’s employers added a strong 272,000 jobs in May, accelerating from April and a sign that companies are still confident enough in the economy to keep hiring despite persistently high interest rates
June 06, 2024
Stocks slipped and Treasury yields rose sharply after the government released a jobs report whose headline numbers came in hotter than expected
June 07, 2024
The U.S. economy created far more jobs than expected in May and annual wage growth reaccelerated, underscoring the resilience of the labor market and reducing the
June 25, 2024
U.S. bond funds secured the largest weekly inflow in four weeks in the seven days to June 5, driven by a rally in treasury bond prices after softer economic data bolstered expectations of
June 25, 2024
Upward pressure from wages means inflation is proving stubborn, Germany's central bank said on Friday, a day after the European
June 25, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan After a frenetic week of G7 interest rate cuts, new records for stocks, another scramble for AI and a wave of elections, world
June 25, 2024
European Central Bank policymakers warned on Friday that the final stage of pushing inflation down to 2% could be especially hard but said they were confident
June 24, 2024
China's new yuan loans likely rebounded in May from April, a Reuters poll showed on Friday, as the central bank told lenders to quicken bank lending to support the economy.
June 24, 2024
The Japanese economy likely contracted at a slightly slower pace than initially reported in January-March due to upgrades to capital spending figures, a Reuters
June 24, 2024
Investors in European equities are stepping up their search for stocks that are likely to benefit from lower borrowing costs,
June 24, 2024
A look at the day ahead in European and global markets from Rae Wee Closely watched U.S. nonfarm payrolls data on Friday marks the final piece in an eventful week that's been nothing short of a boon
June 24, 2024
China's exports rose 7.6% year-on-year by value in May, while imports increased 1.8%, customs data showed on Friday.
June 24, 2024
U.S. household wealth rose to a record of more than $160 trillion in the first three months of 2024 thanks to the stock market's record run and gains in real estate, Federal Reserve data
June 25, 2024
Brazil's central bank chief, Roberto Campos Neto, expressed concern on Friday that financial markets were still expecting high inflation despite data showing moderation,
June 25, 2024
Seriously overdue credit card debt is at the highest level in more than a decade, and people 35 and under are struggling more than other age groups to pay their bills
June 08, 2024
Saudi Arabia's real gross domestic product (GDP) in the first quarter shrank 1.7% from a year earlier, preliminary government data showed on Sunday, as a decline in oil activities
June 25, 2024
The euro fell while French stocks and bonds tumbled on Monday, following President Emmanuel Macron's decision to call a snap
June 26, 2024
A look at the day ahead in Asian markets.
June 25, 2024
Diesel price in Malaysia have jumped by more than 50%, as part of a revamp of decades-old fuel subsidies to tighten government spending and save billions of ringgit annually
June 10, 2024
Asian stocks are mixed ahead of a busy week with several top-tier reports on U.S. inflation due along with a policy meeting of the Federal Reserve
June 10, 2024
After Federal Reserve officials meet this week, a statement they will issue may suggest that they’ve seen meaningful progress on inflation this year — a prelude to eventual interest rate cuts
June 09, 2024
The economy, migration and international conflicts were the top concerns for voters in the European Union election, data from the bloc's biggest member countries
June 26, 2024
The pound hit its highest in nearly two years against the euro on Monday, though it dropped against the dollar, as the common currency tumbled after French President Emmanuel Macron
June 26, 2024
A look at the day ahead in U.S. and global markets by Samuel Indyk The expected rightward shift in the European Parliament after a four-day election has still managed to jolt European markets as gains
June 26, 2024
Updated economic projections from Federal Reserve officials this week are expected to show fewer interest rate cuts than policymakers anticipated three
June 26, 2024
The United States is merrily chipping away at the pillars that hold up the dollar as the world's reserve currency, with the latest blows coming from some powerful
June 26, 2024
On the campaign trail, President Joe Biden likes to take a hard thwack at corporate America
June 10, 2024
European Central Bank interest rates are not on a linear downwards path and policymakers could at times wait more than one meeting before cutting them again, ECB President
June 26, 2024
The U.S. public’s outlook on the future path of inflation was mixed in May, according to a report on Monday from the Federal Reserve Bank of New York.
June 26, 2024
The dollar hit a four-week high on Tuesday, ahead of a highly anticipated inflation report that is likely to influence the timing of the first rate cut by the U.S
June 27, 2024
France's snap parliamentary elections are negative for the country's credit score, ratings agency Moody's has warned.
June 26, 2024
Kenya has reached a staff level agreement with the International Monetary Fund on Tuesday, the organisation said, paving the way for the
June 26, 2024A look at the day ahead in European and global markets from Wayne Cole.
June 26, 2024
(This June 10 story has been officially corrected to fix the source's quote to remove reference to the timeline from the government on
June 28, 2024
A look at the day ahead in Asian markets.
June 26, 2024
European shares closed lower on Tuesday, with banks across the continent falling as investors fretted over political uncertainties in France while
June 27, 2024
The European Central Bank should persist in restraining economic growth given the ample inflationary pressures and wait with its next rate cut until uncertainty recedes, ECB chief
June 27, 2024
The dollar dropped on Wednesday after data showed that consumer prices in May rose less than economists expected, but pared losses after updated interest rate
June 28, 2024
Demand for gold in Asia is surging despite prices hovering near the record highs it hit in May, industry officials say, as buyers snap up
June 27, 2024
China's consumer inflation held steady in May while producer price declines eased, but the underlying trend suggests Beijing would need to do more to
June 27, 2024
Poverty in Myanmar is more widespread than at any time in the last six years and growth in the conflict-torn nation is likely to remain at a measly 1% in the current fiscal year with
June 27, 2024
Most economists are expecting Singapore's monetary policy to remain unchanged at the July and October reviews, according to a survey by the central bank, as they
June 27, 2024
Federal Reserve officials said inflation has fallen further toward their target level in recent months but signaled that they expect to cut their benchmark interest rate just once this year
June 11, 2024
The ECB must move "very slowly" in reducing interest rates because there is huge uncertainty over the inflation outlook, its vice-president Luis de Guindos said on Wednesday.
June 28, 2024
The Bank of England will start cutting interest rates in August, according to all but two of 65 economists polled by Reuters, and most of them expect at
June 28, 2024
Thailand's central bank left its key interest rate unchanged for a fourth straight meeting on Wednesday, as widely expected, despite
June 27, 2024
The share of the euro in foreign exchange holdings tumbled last year at the expense of the dollar and the yen, and further drops are possible whenever Russia becomes free to
June 27, 2024
Australian employment outpaced expectations in May as firms took on more full-time workers, while the jobless rate dipped in a sign the labour market remains resilient even as the
June 28, 2024
The dollar gained on Thursday despite a soft U.S. producer price inflation report for May, after the Federal Reserve adopted a hawkish tone at the conclusion of
July 02, 2024
The International Monetary Fund (IMF) approved the second review of Sri Lanka's $2.9 billion bailout, but the global lender warned the
June 28, 2024
The Bank of Mexico is monitoring recent volatility in domestic financial markets, including foreign exchange markets, and could act to
June 28, 2024
Signs of falling U.S. inflation on Wednesday and growing hopes for interest rate cuts from the Federal Reserve could be a positive signal
June 28, 2024
The Federal Reserve held interest rates steady on Wednesday and pushed out the start of rate cuts to perhaps as late as December, with officials projecting only a single quarter-percentage-
June 28, 2024
Federal Reserve policymakers have reason to feel more confident that inflation is cooling after a U.S. government report on Wednesday showed consumer prices did not rise at
June 28, 2024
FedEx is planning to cut between 1,700 and 2,000 back-office jobs in Europe, in its latest push to cut costs as the parcel delivery giant combats a slump in freight demand
June 28, 2024
Wholesale price increases fell in May, the latest sign that inflation pressures in the United States may be easing as the Federal Reserve considers a timetable for cutting interest rates
June 13, 2024
The number of Americans filing for jobless benefits jumped to the highest level in 10 months last week, a sign that the labor market is likely cooling under the weight of high interest rates
June 13, 2024
Treasury Secretary Janet Yellen says Chinese “overconcentrated supply chains” pose a threat to U.S. jobs and recent investments meant to build up the U.S. green energy sector
June 13, 2024
The Bank of Japan said on Friday it would start trimming its huge bond purchases and announce a detailed plan next month on reducing its nearly $5 trillion balance
June 28, 2024
Ghana and its bondholders will restart talks next week to hash out a debt restructuring deal on $13
June 28, 2024
Britain's next government will find it near-impossible to stop tax levels approaching an all-time high, despite an election campaign in which both major parties
June 28, 2024
The number of Americans filing new claims for unemployment benefits increased to a 10-month high last week, suggesting the labor market was losing momentum and
June 28, 2024
More than two years into a war that has cost tens of thousands of lives, Ukraine is about to embark on the unprecedented task of
June 28, 2024
Transactions paid with foreign credit cards are helping circulate more foreign currency in Venezuela, where the government has locked in an exchange rate as part of
June 28, 2024
Pakistan's benchmark share index made its biggest single-day gain in nearly a year to close at a record high, a day after the government unveiled a budget that
June 28, 2024Taiwan's central bank said on Thursday it saw inflation gradually coming down for the rest of the year but the overall tone of monetary policy
June 28, 2024
A look at the day ahead in markets from Dhara Ranasinghe. It's back to the markets versus the U.S. Federal Reserve.
June 28, 2024
A look at the day ahead in European and global markets from Kevin Buckland The verdict from investors appears to be that benign U.S. inflation trumps the Fed's rate outlook, clearing the way for gains
June 28, 2024
The Bank of Japan may offer guidance on how it plans to reduce its $5-trillion balance sheet at its policy meeting on Friday, in a slow but steady retreat from its
June 28, 2024
Japan's nationwide core consumer inflation likely accelerated to 2.6% year-on-year in May from 2.2% in the previous month, a Reuters poll of 18 economists showed
June 28, 2024
Thailand expects to secure at least 800 billion baht ($21.78 billion) worth of investment applications this year, the government said on Friday, as it seeks to attract more
June 28, 2024
The Bank of Japan kept interest rates unchanged on Friday but said it would trim bond buying in the future to allow long-term interest rates to move more freely.
June 28, 2024
The euro was on track for its biggest weekly fall against the dollar in two months on Friday on concerns that a new government will worsen France's fiscal situation as a
July 02, 2024
U.S. consumer sentiment fell in June for the third straight month as Americans took a dimmer view of their own finances and worried about persistent inflation
June 14, 2024
European Union leaders will urge policymakers at summit in two weeks' time to increase defence spending, boost economic competitiveness and prepare for the bloc's enlargement,
June 28, 2024
U.S. consumer sentiment deteriorated in June as households worried about inflation and incomes, a survey showed on Friday.
June 28, 2024U.S. equity funds observed heavy outflows in the seven days through June 12 as some investors booked profits and exercised caution ahead of the Federal Reserve's policy decision.
June 28, 2024
Global equity funds suffered sharp outflows in the seven days to June 12 as investors cautiously took out money ahead of a key U.S. inflation report and Federal Reserve policy decision
June 28, 2024
New bank lending in China rebounded far less than expected in May and some key money gauges hit record lows, suggesting the world's second-largest
June 28, 2024
Foreign banks bought Indian government bonds worth 80.38 billion rupees ($962.2 million) on Thursday, the biggest single-session purchase since Feb. 1, data from
June 28, 2024
A look at the day ahead in U.S. and global markets by Alun John.
June 28, 2024
India's merchandise exports rose 9.1% to $38.13 billion in May from a year earlier, helped by an increase in shipments of engineering goods,
June 28, 2024
The European Central Bank can continue to lower interest rates broadly how the market expects if inflation keeps easing as envisaged, ECB policymaker
June 28, 2024
India's wholesale prices rose 2.61% in May, the most in more than a year, mainly driven by food items, government data showed on Friday.
June 28, 2024
Colombia's lower house on Friday approved a pension reform proposed by President Gustavo Petro, marking a victory for the leftist, who has struggled to get lawmaker
June 28, 2024
Indonesia's President-elect Prabowo Subianto has no plans to boost the country's public debt to 50% of gross domestic product (GDP), a senior aide
June 28, 2024
Peru's gross domestic product expanded 5.28% in April from a year earlier, the government's INEI statistics agency said on Saturday, the highest
June 28, 2024
Stabilising prices are creating an environment to cut rates in South Korea, a senior presidential official said on Sunday.
June 28, 2024
European Central Bank policymakers have no plan to discuss emergency purchases of French bonds and still think it is for French politicians to
June 28, 2024
A look at the day ahead in Asian markets.
June 28, 2024
Asking prices for British homes coming to the market were flat this month, adding to signs of a recent cooling off in the housing market upswing, a survey from property
June 28, 2024
A rural Florida county is hoping a new $300 million airport will transform its economy and create more than 1,400 new, high-skilled jobs
June 17, 2024
China's May industrial output lagged expectations and a slowdown in the property sector showed no signs of easing despite policy support,
June 28, 2024
The European Central Bank is confident that inflation will fall back to its 2% target next year despite some "noisy" inflation along the way, the ECB's chief economist Philip Lane
June 28, 2024
The Bank of Japan is likely to trim bond buying by around 24 trillion yen ($152 billion) annually in new guidance due next month, but forgo raising
June 28, 2024
A look at the day ahead in European and global markets from Wayne Cole.
June 28, 2024
The U.S.
June 28, 2024
The Swiss National Bank (SNB) will cut its key policy rate by 25 basis points on June 20 for a second straight meeting, according to two-thirds of economists polled by Reuters, a
June 28, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan Wall Street stocks and bonds remained relatively buoyant after last week's action-packed macro week with world markets drawn more to
June 28, 2024
The dollar eased against the euro on Tuesday after retail sales data indicated signs of exhaustion among U.S. consumers, boosting the case for Federal Reserve
July 01, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan Tech-led Wall Street stocks have sailed to new records again this week, with Tuesday expected to see retail sales return to growth
June 30, 2024
UK grocery inflation fell for a sixteenth month in a row in June, industry data showed on Tuesday, providing a little cheer for Prime Minister Rishi Sunak ahead of
June 30, 2024
Supporters for more consolidation in the euro zone's banking sector have been watching Spanish lender BBVA's hostile bid for Sabadell,
June 30, 2024
South Korea's central bank governor said on Tuesday the pace of consumer inflation is likely to continue to slow, feeding expectations the Bank of Korea will start cutting interest
June 29, 2024
Small businesses are increasingly concerned about payment fraud
June 18, 2024
Federal Reserve officials, heartened by recent data, are looking for further confirmation that inflation is cooling and for any warning signs from a still
July 01, 2024
President Joe Biden's administration on Tuesday unveiled final rules for new clean energy subsidies in an effort to make jobs and wages in green industries competitive with those in oil
July 01, 2024
The Congressional Budget Office says it projects this year’s federal budget deficit to be $400 billion higher, a 27% increase compared to its original estimate released in February
June 18, 2024
A look at the day ahead in Asian markets.
July 01, 2024
The dollar struggled for direction on Wednesday while the euro remained close to its recent lows on concerns that a new government in France could weaken fiscal
July 02, 2024
A look at the day ahead in European and global markets from Ankur Banerjee Investors will get another chance to see if the global disinflation story gains more traction with UK inflation data taking
July 01, 2024
Japan's weak yen sharply boosted the value of exports in May but the volume of sales shrank for the fourth consecutive month, highlighting
July 01, 2024
Bank of Japan policymakers debated the impact a weak yen could have on prices, with some flagging the chance of raising interest rates sooner than expected if
July 01, 2024
Inflation in the U.K. has returned to the Bank of England’s target rate of 2% for the first time in nearly three years
June 19, 2024
Japanese manufacturers are markedly less confident about business than three months ago due to higher materials costs, the Reuters Tankan poll for June showed,
July 01, 2024Global stocks are mixed after U.S. benchmarks ticked to more records following the latest signs that the U.S. economy may be slowing without falling into recession
June 19, 2024
Investors are optimistic South Africa's new unity government can deliver stable economic policies to revive growth, but are cautious about how the new
July 01, 2024
The dollar rose to a seven-week high against the yen on Thursday, while the sterling and euro fell amid on the U.S. economy is coming off the boil while traders
June 20, 2024
Oil futures climbed on Thursday after the U.S.
June 19, 2024
Wall Street shares pulled back from record highs hit early on Thursday in sympathy with rallying overseas indexes, as Treasury yields shook off
June 20, 2024
A look at the day ahead in European and global markets from Ankur Banerjee British inflation may have returned to its 2% target for the first time in nearly three years, setting the stage for the Bank
July 02, 2024
The Bank of England kept its main interest rate unchanged at a 16-year high of 5.25% at its last meeting before July 4's UK election, but the
July 02, 2024
European Central Bank policymaker Klaas Knot on Thursday backed market expectations for one or two more interest rate cuts this year as inflation appeared to be headed towards the
July 02, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan Wall Street returns from its midweek break to find record high stocks still chomping at the bit, with overseas monetary easing in
July 02, 2024
France's far-right National Rally (RN) hit back on Thursday at charges from opponents that its spending plans would crash the economy, while
July 02, 2024
The number of working days lost to strikes in Germany doubled in 2023 compared with the previous year to more than 1.5 million, with a record 312 industrial disputes, a study showed on
July 02, 2024
Non-bank financial institutions pose an increasing risk to America's big banks, economists said on Thursday in a post on the New York Fed's Liberty Street
June 20, 2024
European Union finance ministers cautiously backed on Thursday the idea of an EU industrial policy that would help correct market failures, work where better
June 20, 2024
In his trip to China, Germany's Economy Minister Robert Habeck doesn't expect to reach a solution on trade tensions after the EU threatened to impose
June 21, 2024
The dollar edged higher against other major currencies on Friday, hitting a fresh eight-week high against the yen as data showed a strong U.S. economy and as the
June 21, 2024
South Korea's foreign exchange authorities on Friday said they agreed with the National Pension Service to expand a currency swap line to $50 billion from the current
June 21, 2024
Thailand's Finance Minister Pichai Chunhavajira will discuss the inflation target with the central bank governor, Prime Minister Srettha Thavisin said on Friday, adding additional
June 21, 2024
Ghana has reached an agreement in principle with its bondholders to restructure $13 billion worth of international debt, three sources told Reuters,
June 20, 2024
U.S. refiners pumped out jet fuel last week at the fastest pace since the pandemic, government data showed, as they look to keep up with forecasts
June 21, 2024
European shares closed lower on Friday, pressured by falls in technology and bank stocks, while Danish brewer Carlsberg Group was the
June 21, 2024
German government bond yields fell on Friday after economic survey data for the euro zone came in weaker than expected, supporting expectations for policy rate cuts.
June 21, 2024
France's newly formed New Popular Front left-wing alliance will progressively lift annual public spending to 150 billion euros more than now, but will offset the increase with tax
June 21, 2024
Euro zone business growth slowed sharply this month as demand fell for the first time since February, a survey found, with the bloc's services industry showing
June 21, 2024
JPMorgan Chase is seeing signs of an improving economy in China that will bolster the bank's business in the country after a sluggish period, its CEO of asset and
June 21, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan Nvidia, the Nasdaq and the S&P500 got dizzy at record highs on Thursday as world markets start to take stock of a bumper 2024 as we
June 21, 2024
Any sustained bet against French government debt can only hinge on a belief in the improbable end of the euro - even if the European Central Bank needs to walk a fine
June 21, 2024
British public debt rose last month to its highest as a share of the economy since 1961, data showed on Friday, adding to the financial challenges the next
June 21, 2024British retail sales jumped sharply last month after heavy rain kept shoppers away in April, official figures showed on Friday, in a minor boost for Prime Minister
June 21, 2024
For markets trying to assess how quickly interest rate moves are likely to come, it's all about the data.
June 21, 2024
Asian stocks rise after another slide for Wall Street heavyweight Nvidia kept U.S. indexes mixed Monday, even as the majority of stocks rallied
June 24, 2024
In France, parties of the far right and the far left are making election promises that are appealing -- and expensive
June 24, 2024
The U.S. dollar slipped from an eight-week high against the yen on Monday, with traders back on alert for government intervention to
July 03, 2024
A look at the day ahead in European and global markets from Wayne Cole.
June 24, 2024
China's fiscal revenue fell 2.8% in the first five months of 2024 from a year earlier, accelerating from a 2.7% decline in the January-April period, official data showed on Monday,
June 24, 2024
A look at the day ahead in Asian markets.
June 23, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan Global investors head to the half-year point this week trying to get across numerous political narratives, a hiccup in tech and a
July 03, 2024
By Michael S.
July 03, 2024
India's worsening water shortage, triggered by high consumption amid rapid economic growth and frequent natural disasters, can negatively impact the South Asian nation's
July 03, 2024
Global stock indexes mostly climbed on Tuesday, with shares of AI chipmaker Nvidia bouncing after a three-day sell-off, while the dollar gained slightly
June 25, 2024
The price Japanese companies charge each other for services rose 2.5% in May from a year earlier, data showed on Tuesday, a sign prospects of steady wage increases are prompting more
July 03, 2024
A look at the day ahead in Asian markets. The wave of profit-taking in U.S.
July 03, 2024
The Federal Reserve must "exhibit care" as it aims to finish the job of bringing inflation under control, San Francisco Fed President Mary Daly said on Monday, noting that
July 03, 2024
Sri Lanka will sign a debt restructuring agreement with a group of creditor nations on Wednesday, the government said in a major step to help stabilise the
July 03, 2024
American consumers lost some confidence in June as expectations over the near-term future fell again
June 25, 2024
A group of 50 people and firms across across Hong Kong, the United Arab Emirates and the Marshall Islands that have been acting as a “sprawling shadow banking network” for Iran’s military have been hit with U.S. economic sanctions
June 25, 2024
For investors in France, a left-wing alliance could be a bigger risk than a far-right leadership, some analysts say.
June 25, 2024
An annual 2% levy on fortunes exceeding $1 billion is the starting point for a global discussion on raising the burden on under-taxed billionaires, French
June 25, 2024
"Because it's France" was how Jean-Claude Juncker, European Commission president at the time, explained Brussels' decision in 2016 to
June 26, 2024
A look at the day ahead in European and global markets from Ankur Banerjee A pinch of caution ahead of a U.S. inflation reading, a bit of exuberance in tech stocks following a comeback from Nvidia and
June 26, 2024
South Korea's central bank said on Wednesday there was a possibility of downward pressure mounting again on the won currency, and vowed to step up monitoring of risk factors and
June 26, 2024
German consumer sentiment is set to fall slightly in July, ending a four-month streak of rises, as households left uncertain by higher prices and an economy dawdling toward recovery
June 26, 2024
Australian consumer inflation accelerated to a six-month high in May, while a key measure of core prices rose for a fourth month, figures that caught
June 26, 2024
Thailand's economy is expected to grow at its potential rate by late this year or early in 2025, while the policy interest rate is
June 26, 2024
Kenya's president says he won’t sign into law a finance bill proposing new taxes that prompted thousands of protesters to storm the parliament on Tuesday
June 26, 2024
Sri Lanka on Wednesday signed agreements with China and other creditor nations to restructure about $10 billion in bilateral debt, in a major step towards
June 26, 2024
Argentine President Javier Milei's twin reform bills will head to Congress one last time this week for a final vote, with little risk of failure.
June 26, 2024
British retail sales softened this month after a recovery in May, and stores expect another drop next month, an industry survey showed on Wednesday.
June 26, 2024
The European Central Bank could gradually reduce interest rates if inflation falls as expected, two ECB policymakers said on Wednesday.
June 26, 2024
None of the countries that have yet to join the euro meet all accession criteria and many have even diverged from the long-set rules of euro membership, the European Central Bank
June 26, 2024
Euro zone inflation may be bumpy but that was always expected and data continues to suggest that price growth will settle at the European Central Bank's 2% target, Finnish
June 26, 2024
Economic insecurity is one factor that drives populism, a former politician from Hungary writes.
June 26, 2024
Value stocks offer some of the most compelling valuations in the U.S. equity market after badly lagging their growth-focused counterparts this year, Bank of America Global
June 26, 2024
Mexican President-elect Claudia Sheinbaum said on Wednesday that she has no plans to increase taxes for the general population but that her administration would continue to
June 26, 2024
A look at the day ahead in Asian markets.
June 26, 2024
China's manufacturing activity likely contracted for a second month in June, a Reuters poll showed on Thursday, keeping alive calls for fresh stimulus after a string of
June 27, 2024
A look at the day ahead in European and global markets from Tom Westbrook So much for a week watching football and cricket while counting down to Friday's blockbuster U.S. personal consumption price
June 27, 2024
Average starting pay for British jobs rose in May at the fastest pace in four months despite a 20% annual fall in the number of jobs on offer, figures from hiring platform Indeed
June 27, 2024
European shares slipped on Thursday on investor caution ahead of crucial global economic data and the first round of French elections,
June 27, 2024
China's treasury futures leapt to fresh highs on Thursday, while long-dated yields skirted record lows, as investors continued to plough money into bonds, shrugging off repeated
June 27, 2024
South Africa's consumer confidence improved slightly in the second quarter due to fewer hours of load-shedding and a drop in fuel and food prices, but uncertainty around national elections
June 27, 2024
European Union members should contemplate joint borrowing to fund key investments in defence, digitalisation and the green transition, the authors of a blog published by the
June 27, 2024
U.S. stocks ended Thursday around the unchanged mark as investors awaited fresh inflation data, with the Nasdaq able to eke out a
June 27, 2024
The American economy expanded at a 1.4% annual pace from January through March, the slowest quarterly growth since spring 2022, the government said in a slight upgrade from its previous estimate
June 27, 2024
Fewer people applied for unemployment benefits last week but the total number of Americans collecting jobless benefits rose to the highest level in more than two years
June 27, 2024
New York Community Bancorp's one-for-three reverse stock split will become effective mid-to-late July, the regional lender said on Thursday.
June 27, 2024
The Bank of England is likely to cut interest rates soon, "probably in August", as long as inflation and wage data align with the Monetary Policy Committee's (MPC
June 27, 2024
Inflation in the U.S. "appears to be narrowing" and that should allow the Federal Reserve to cut interest rates later this year, Atlanta Fed President
June 27, 2024
Argentina's lower house early on Friday approved economic reform measures proposed by President Javier Milei, giving him his first big
June 27, 2024
Homebuilders who bucked the worst of last year's housing slump may be seeing their luck run out
June 27, 2024
Brazil's economy created a net 131,811 formal jobs in May, Labor Ministry data released on Thursday showed, falling short of the 200,000 forecast in a Reuters poll of economists.
June 27, 2024
A look at the day ahead in Asian markets.
June 27, 2024
South Korea's factory output fell in May, missing market expectations, on weaker production of machinery and automobiles, official data showed on Friday.
June 27, 2024Japanese Finance Minister Shunichi Suzuki said on Friday that the authorities were "deeply concerned" about the impact of "rapid and one-sided" foreign exchange moves on the economy,
June 28, 2024
Demand for beer in India is at a multi-year high and air conditioner sales are skyrocketing as the intense, unprecedented heat scorching parts of the
June 28, 2024
The South African rand rallied on Friday on optimism that the Democratic Alliance (DA) and African National Congress (ANC) would reach an agreement over cabinet positions, a
June 28, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan If TV debates decided elections, world markets seem remarkably calm about the prospect of a Donald Trump return to the White House as
June 28, 2024
A measure of prices that's closely tracked by the Federal Reserve suggests that inflation pressures in the U.S. economy are continuing to ease
June 28, 2024
Market bets rose on Friday that the Federal Reserve will cut interest rates by September and do so again in December after a government report showed a key measure of U.S. inflation
June 28, 2024
U.S. monthly inflation was unchanged in May as a modest increase in the cost of services was offset by the largest drop in goods prices in six months, drawing
June 28, 2024
FactSet Research Systems raised its forecast for annual adjusted profit on Friday, as the financial data and analytics company bets on cost cuts to counter sluggish revenue growth.
June 21, 2024The International Monetary Fund (IMF) said on Wednesday its executive board had completed a third review of Zambia's Extended Credit Facility and approved an immediate disbursement of some
June 26, 2024
President Joe Biden responds to former President Donald Trump’s alleged comments calling fallen soldiers ‘losers’ prior to his visit to a military cemetery in 2018.
June 28, 2024
It’s the economy, stupid. Here’s what you need to know about it for the presidential debate
June 27, 2024China's manufacturing activity fell for a second month in June while services activity slipped to a five-month low, an official survey showed on Sunday,
June 30, 2024
Myanmar's central bank denied a U.N. report that the country's military government can still access money and weapons for its war against anti-coup forces, saying financial institutions
June 30, 2024
US employers want more part-time workers. Here’s what that means
June 30, 2024A look at the day ahead in Asian markets.
June 30, 2024
South Korea's exports rose for a ninth consecutive month in June, albeit at a slower pace than expected, as robust demand for chips and cars bolstered the export
June 30, 2024
Myanmar arrested four executives of supermarket chains, including an official of a Japanese joint venture, for selling rice at inflated prices, state media said on Monday, as the war-torn
July 01, 2024Manufacturing activity in Europe suffered a setback last month but Asian factories enjoyed solid momentum, offering policymakers some hope
July 01, 2024
Activity in India's manufacturing sector rebounded last month as output increased on robust demand, leading to the fastest rate of hiring in over 19 years,
July 01, 2024
There is no end in sight for China’s uneven economic story
July 01, 2024
Manufacturing activity across the euro zone took a turn for the worse last month as demand fell at a much faster pace despite factories cutting their prices, a survey showed.
July 01, 2024
The downturn in Germany's manufacturing sector, which accounts for about a fifth of Europe's biggest economy, experienced a fresh setback in June as output and new
July 01, 2024
South African manufacturing activity contracted again in June, a Purchasing Managers' Index (PMI) survey showed on Monday, reflecting weak demand.
July 01, 2024A look at the day ahead in U.S. and global markets from Mike Dolan An event-packed but shortened week stateside kicks off the second half of 2024, with European markets rallying on Monday as the first
July 01, 2024
India is likely to receive above-average rainfall in July after receiving 11% below average in June, the weather department said on Monday, keeping alive the
July 01, 2024
U.S. construction spending unexpectedly fell in May as higher mortgage rates depressed single-family homebuilding, and recovery is likely to be muted by improving housing supply
July 01, 2024
U.S. manufacturing contracted for a third straight month in June as demand remained subdued, while a drop in a measure of prices paid by factories for inputs
July 01, 2024
A look at the day ahead in European and global markets from Kevin Buckland How well France's hastily assembled anti-far-right front is working will become clear today, with candidates having until
July 02, 2024
China is moving closer to unveiling its financial stability law, which includes setting up a fund to rescue troubled financial institutions, as part of Beijing's broader efforts to
July 02, 2024
The European Central Bank's next interest rate cut is still a relatively easy decision, but subsequent moves should only come once inflation is clearly
July 02, 2024
U.S. stocks are drifting near their record levels
July 02, 2024
London's benchmark stock index closed at more than a two-month low on Tuesday as investors were cautious ahead of parliamentary elections, although an
July 02, 2024
Sri Lanka will save $5 billion in interest owed to bilateral creditors as part of its debt restructuring process, President Ranil Wickremesinghe said on
July 02, 2024
The Biden administration says it's providing $504 million in implementation grants for a dozen technology hubs in Ohio, Montana, Nevada and Florida, among other locations
July 02, 2024
Inflation is on the way down in Europe
July 02, 2024
When Ted Rossman was at Newark Airport in New Jersey the other day, he got a shock along with his sandwich.
July 02, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan Further signs of a cooling U.S. economy greet the second half of 2024, with politics dominating headlines on both sides of the
July 02, 2024
Investors just got an inflation wakeup call. Will they answer?
July 02, 2024U.S. job openings rose slightly to 8.1 million in May despite the impact of higher interest rates
July 02, 2024
The U.S. is back on a "disinflationary path," Federal Reserve Chair Jerome Powell said on Tuesday, but policymakers need more data
July 02, 2024
European Central Bank President Christine Lagarde welcomed a small fall in inflation last month as a step in the right direction,
July 02, 2024
Canadian manufacturing activity deteriorated in June, extending a record-setting run of contraction for the sector, as new orders declined and firms cut jobs for
July 02, 2024
South Korea's government on Wednesday vowed to support small businesses and the construction sector struggling due to high interest rates in the second
July 03, 2024
Japanese service activity contracted for the first time in nearly two years in June as domestic demand cooled, a private sector survey showed on Wednesday, although business
July 02, 2024
China's services activity expanded at the slowest pace in eight months and confidence hit a four-year low in June, dragged by slower growth in new orders, a private-sector survey
July 03, 2024
A look at the day ahead in European and global markets from Ankur Banerjee It was a risk-on session in Asia, with European bourses poised for a similar start in the wake of comments by Fed Chair
July 03, 2024
Asian shares are trading mostly higher after Tesla zoomed upward, helping drive the U.S. stock market to more records
July 03, 2024
Pakistan is looking to clinch a staff level agreement on an International Monetary Fund bailout of more than $6 billion this month after addressing all of the
July 03, 2024
A solid rise in business activity in June ended a positive second quarter for the German service sector, albeit with the rate of expansion easing slightly, a survey showed on
July 03, 2024
British stocks closed higher on Wednesday, boosted by metal miners ahead of the UK parliamentary election on Thursday that the Labour Party looks poised
July 03, 2024
Growth across Britain's services companies slowed by less than first thought in June but it still ebbed to a seven-month low, according to a survey on Wednesday that pointed to modest
July 03, 2024
Fearing a bank crisis, China is sounding the alarm about a bond market bubble
July 03, 2024The S&P 500 index and technology-laden Nasdaq rose on Wednesday to post record high closes, as data pointing to a softening economy
July 03, 2024
U.S. private payrolls increased a bit less than expected in June, consistent with slowing labor market momentum.
July 03, 2024
The number of Americans filing for unemployment benefits inched up last week, but remain at historically healthy levels despite elevated interest rates
July 03, 2024
The U.S. trade deficit widened for a second straight month in May amid a decline in exports, indicating that trade likely remained a drag on economic growth in the second
July 03, 2024
First-time applications for U.S. unemployment benefits increased last week, while the number of people on jobless rolls rose further to a 2-1/2 year high
July 03, 2024
Travel activity is expected to heat up to record levels around the Independence Day holiday as consumers take advantage of cooler prices for airfares, gasoline and hotels
July 01, 2024
New orders for U.S.-manufactured goods unexpectedly fell in May, while business spending on equipment appeared weaker than initially thought, government data showed on Wednesday
July 03, 2024
The average rate on a 30-year mortgage rose this week, pushing up borrowing costs on a home loan for the first time since late May
July 03, 2024
Federal Reserve officials at their most recent meeting welcomed recent signs that inflation is slowing and highlighted data suggesting that the job market and the broader economy could be cooling
July 03, 2024
A look at the day ahead in Asian markets.
July 03, 2024
South Korea should try to address the country's high prices through structural reforms, a Bank of Korea official said, as the central bank mainly targets
July 04, 2024
A look at the day ahead in European and global markets from Wayne Cole.
July 04, 2024
Japan faces a shortage of almost one million foreign workers in 2040 if the government wants to achieve its economic growth goals as the population dwindles, an estimate from a state
July 04, 2024
Growth in British construction activity slowed in June as house-building declined, according to a survey on Thursday that showed a slowdown in new orders as some firms took a wait-
July 04, 2024
What to look for in Friday’s jobs report
July 04, 2024
Kenyan President William Ruto spoke by phone with International Monetary Fund chief Kristalina Georgieva in the days after he withdrew $2.7 billion in proposed tax
July 04, 2024
Labour's landslide election win shows few signs of unsettling London's financial heartland after the party's lengthy pro-business overtures, though
July 04, 2024
Household savings in the euro zone rose to their highest level in about three years while investments continued to fall in the first quarter of 2024,
July 04, 2024Keir Starmer vowed to bring change to Britain as its next prime minister after his Labour Party surged to a comprehensive win in a national election on Friday, ending 14 years of
July 04, 2024
The U.S. dollar index stayed slightly lower on Friday after data showed U.S. job growth slowed marginally in June while the unemployment rate rose,
July 05, 2024
The American job market likely cooled last month while still remaining fundamentally healthy, which would be welcome news for the Federal Reserve in its drive to fully tame inflation
July 04, 2024
The Bank of Japan will highlight how wage hikes are broadening across companies, including at smaller firms, in a report later this month, sources familiar with its
July 05, 2024
What to expect from the June jobs report
July 05, 2024
A recalibration of how the U.S. presidential election plays out is causing bond investors to bet yields stay higher for longer as November approaches.
July 05, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan While U.S. markets return from the Independence day holiday to assess significant cooling of the labor market stateside, British
July 05, 2024
Kenyan President William Ruto on Friday proposed spending cuts and additional borrowing in roughly equal measure to fill a nearly $2.7 billion budget hole caused
July 05, 2024
How does Canada's lowest hourly minimum wage stack up to the rest of the country?
July 05, 2024Inflation is easing and the job market has returned to the "tight but not overheated" situation seen before the COVID-19 pandemic threw the U.S. economy into disarray,
July 05, 2024
Justin Bieber to Mughal jewels: Ambani wedding transfixes India
July 06, 2024
Fewer British firms plan to raise their prices in the coming months, according to a survey that will give reassurance to the Bank of England as it considers the possibility of
July 07, 2024
A look at the day ahead in Asian markets.
July 07, 2024
Indonesia's
July 07, 2024
Asian shares are trading mostly higher after Wall Street benchmarks reached more milestones
July 08, 2024
A look at the day ahead in European and global markets from Wayne Cole.
July 08, 2024
The Bank of Japan said wage hikes were broadening across the economy due to tight labour market conditions, signalling its confidence the country was making progress
July 08, 2024
Thailand's current potential economic growth rate of 3% is not satisfactory and prolonged below-target inflation is dangerous for
July 08, 2024Investment bank JPMorgan cut on Monday its forecast of the number of emerging market companies expected to default on their debt, following the biggest improvement in distressed-
July 08, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan Wall St stocks start the week surfing new records into another earnings season and Federal Reserve testimony, while surprise French
July 08, 2024
Bank of England policymaker Jonathan Haskel said on Monday that he does not want to cut interest rates from their current 16-year high as
July 08, 2024
Egypt's current account deficit more than tripled to $17.1 billion in the first nine months of fiscal 2023/24 compared to $5.3 billion a year earlier as oil exports plunged by $7.2
July 08, 2024
By Michael S.
July 08, 2024
Nigeria plans to suspend taxes on certain food imports including wheat and maize for 150-days, and recommend a retail price to try to bring under control rising
July 08, 2024
Top 5% of taxpayers would get nearly half the benefit if Trump tax cuts are extended
July 08, 2024
Sri Lanka will wrap up talks with international bondholders on restructuring $12.5 billion in debt within a few weeks, Foreign Minister Ali
July 09, 2024
Australian business conditions worsened in June with the outlook for employment taking a notable hit, a survey showed on Tuesday, though firms were a little more confident as cost
July 09, 2024
Indonesia's incoming President Prabowo Subianto is exploring ways to remove the fiscal deficit and debt-to-GDP ratio ceilings, aiming to fund his campaign pledges, investigative
July 09, 2024
A look at the day ahead in European and global markets from Kevin Buckland Washington largely steals the spotlight from today, even with post-French-poll horsetrading at fever pitch.
July 09, 2024
China's new yuan loans likely more than doubled in June from May, a Reuters poll showed on Tuesday, as the central bank kept up policy support for the economy amid a shaky recovery
July 09, 2024
Some market players called on the Bank of Japan to slow its bond buying to roughly half the current pace under a scheduled tapering plan due out this month, the
July 09, 2024
Stronger economic growth is key to stabilising Britain's rising public debt, credit rating agency S&P Global said on Tuesday, in its first comment on the new Labour government since
July 09, 2024
Thailand needs stronger economic growth as the current potential growth rate of about 3% is not high enough to help the economy expand sustainably in the long term, the central bank
July 09, 2024
The number of medium-sized and large companies in Germany that went insolvent in the first half of this year was up 41% compared with the same period last year, the Handelsblatt
July 09, 2024
Elections are taking place this year in countries home to almost half of the world's population, from Taiwan's general election in January to
July 09, 2024
The U.S. is "no longer an overheated economy" with a job market that has cooled from its pandemic-era extremes and in many ways is back where
July 09, 2024
India consumer price inflation probably edged up in June, snapping five months of declines, largely because of a jump in vegetable prices caused by the damage to
July 09, 2024
The election of relative moderate Masoud Pezeshkian as Iran's president has lifted the hopes of Iranians yearning for social freedoms and better relations with the
July 09, 2024
Hungarian banks said on Tuesday that measures requiring them to contribute to a "defence fund" would damage their ability to lend, rejecting government allegations that they had
July 09, 2024
Rent inflation remains a pressure point for small businesses
July 09, 2024
The Federal Reserve faces a cooling job market as well as persistently high prices, Chair Jerome Powell said in testimony to Congress, a shift in emphasis away from the Fed’s single-minded fight against inflation that suggests it's moving closer to cutting interest rates
July 09, 2024
Hungary will build a third terminal at Budapest's airport and develop road and rail routes linking it to the capital, Economy Minister Marton Nagy said on
July 09, 2024
Britain's new government took a first step on Tuesday to boost public and private investment and modernise the economy, placing a National
July 09, 2024
A look at the day ahead in Asian markets. Is a U.S. interest rate cut coming? If so, when?
July 09, 2024
China's consumer prices grew for a fifth month in June but missed expectations, while producer price deflation persisted, with domestic demand mired on a
July 10, 2024
New Zealand's central bank held the cash rate steady at 5.5% on Wednesday, but opened the door to monetary policy becoming less restrictive over time should
July 10, 2024
Thailand's economy is not good and the property sector needs urgent support due to weak demand and rising bad loans, the country's
July 10, 2024
The prospect of near-term interest rate cuts is bolstering the case for investors to remain bullish after a run in U.S. stocks that may soon be tested by
July 10, 2024
A look at the day ahead in European and global markets from Rae Wee Central bankers across the globe are finally showing increasing confidence that markets may be entering an era of lower rates, after
July 10, 2024
European shares advanced on Wednesday amid broad-based gains and upbeat corporate updates while investors digested more comments from U.S.
July 10, 2024
Decision makers should pursue aggressive policies to bring climate change under control if they want to avoid losses in the value of global stocks that could top 50%, think-tank
July 10, 2024
The US economy faces a new threat
July 10, 2024Zimbabwe has revised its economic growth forecast downwards as southern Africa's worst drought in decades ravages crop yields, its finance minister told Reuters
July 10, 2024
Gen Z adults in the U.S. face increasing financial challenges because of inflation and rising living costs, with 46% relying on financial assistance from their parents
July 10, 2024
OPEC stuck to its forecast for relatively strong growth in global oil demand in 2024 and next year, saying on Wednesday that resilient
July 10, 2024
Libya's eastern-based parliament approved what it called an additional budget of 88 billion Libyan dinars ($18.3 billion) on Wednesday to its appointed government for the rest of
July 10, 2024
Argentina inflation is expected to have accelerated to over 5% in June, which would end a five-month streak of slowing price increases, according to a Reuters
July 10, 2024
Short interest on the New York Stock Exchange fell 2.9 percent in late June, the exchange said on Wednesday.
July 10, 2024
A look at the day ahead in Asian markets.
July 10, 2024
The dollar dropped on Thursday after data showed headline consumer prices unexpectedly fell in June, while a sharp gain in the Japanese yen sparked speculation of a
July 11, 2024
South Korea's central bank said it was time to prepare for a pivot to interest rate cuts but more evidence is needed to strengthen confidence that
July 10, 2024
A global index of stocks edged down and bond yields fell on Thursday after U.S. inflation data boosted bets on interest-rate cuts while the
July 11, 2024
A look at the day ahead in European and global markets from Tom Westbrook No doubt there are some sore heads around the City today after Ollie Watkins' stoppage-time strike sent England into Sunday's
July 11, 2024
Thai consumer confidence dropped for a fourth straight month in June to its lowest level since last September due to concerns about an economic slowdown and political uncertainty,
July 11, 2024
More than half of German manufacturers consider an upturn in nominal revenue as realistic only next year after taking a more pessimistic outlook for 2024, a survey by the VDMA
July 11, 2024
Short positions on most Asian currencies eased, as rising expectations of at least two rate cuts by the U.S.
July 11, 2024
China's leaders will seek to inject confidence in the economy at a highly anticipated meeting next week, but conflicting goals, such as boosting growth while cutting
July 11, 2024
Optimism is rising among economists, investors and Federal Reserve officials that U.S. inflation is nearly under control, with the latest report on consumer prices expected to show another month of mild increases
July 10, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan If Federal Reserve boss Jerome Powell had any inkling of the June U.S. inflation readout when speaking to Congress this week, then
July 11, 2024
Tata Consultancy Services, India's top IT services company, said despite slightly surpassing first-quarter revenue estimates, it is "
July 11, 2024
Portfolio managers at the world's largest global financial institutions expect credit conditions to worsen over the next three months, according to a survey by the
July 11, 2024
The European Central Bank will cut its deposit rate twice more this year, in September and December, according to a strong majority of economists polled by
July 11, 2024
U.S. consumer prices unexpectedly fell in June and the annual increase was the smallest in a year, reinforcing views that the disinflation trend was back on track and drawing the Federal
July 11, 2024
A look at the day ahead in Asian markets. Did they or didn't they?
July 11, 2024
The dollar fell sharply against the yen for the second straight day, raising questions as to whether Japan was intervening, while a global
July 12, 2024
Investors are looking at UK markets as a potential haven as political uncertainty rises in the U.S. and elsewhere in Europe, in what could mark a
July 12, 2024
Tata Consultancy Services' shares gained nearly 3% on Friday, a day after India's top IT services firm reported first-quarter results that signalled early signs
July 12, 2024
HSBC Bank on Friday raised its forecast for Vietnam's gross domestic product growth for this year to 6.5% from its previous forecast of 6.0%, after second-quarter growth beats
July 12, 2024
While investors are still scrambling to get on board the shiniest new mega-trends and what seems like a runaway stock market, a slower-moving juggernaut from the past
July 12, 2024
Consumer prices in France rose 2.5% year-on-year in June, statistics office INSEE said on Friday, confirming its preliminary reading published in late June.
July 12, 2024
Momentum to raise wages has been spreading among small and medium firms in Japan this year, reflecting labour shortages and efforts to help employees tackle an inflationary squeeze,
July 12, 2024
Japan's core consumer inflation probably picked up in June for a second straight month, a Reuters poll of 18 economists showed, keeping the central bank under
July 12, 2024
Japan is expected to slightly cut its forecast for economic growth of 1.3% in the fiscal year ending March 2025 as consumption takes a hit from rising import
July 12, 2024
Chinese bank lending jumped less than expected in June while some key money gauges hit fresh record lows, highlighting weak demand in the world's second
July 12, 2024
Signs of consumers slowing down spending and falling behind on their bills weighed down shares of the big banks on Friday
July 12, 2024
Ireland's domestic economy last year grew much faster than initially estimated, with growth revised sharply higher to 2.6% from 0.5% and momentum continuing into the first quarter
July 12, 2024
Global debt funds attracted inflows for a 29th straight week in the seven days to July 10 on expectations of a Federal Reserve rate cut amid weakening labour market conditions and easing
July 12, 2024
A big change could come to the US economy in September
July 12, 2024Wholesale prices in the United States rose by a larger-than-expected 2.6% last month from a year earlier, a sign that some inflation pressures remain elevated
July 12, 2024
U.S. equity funds faced their first weekly outflow in three weeks in the seven days to July 10 as caution and profit-taking took hold ahead of the new earnings season.
July 12, 2024
U.S. producer prices increased slightly more than expected in June amid a rise in the cost of services, but that did not change expectations that the Federal
July 12, 2024
U.S. consumer sentiment ebbed in July, but inflation expectations over the next year and beyond improved, a survey showed on Friday.
July 12, 2024
The International Monetary Fund will provide Papua New Guinea with immediate access to about $125 million, the IMF said in a statement on Friday following its executive board's
July 12, 2024
Opinion: The galling mistake that led the US to its current debt problem
July 12, 2024A closely watched measure of inflation in Argentina remained stronger than the libertarian government of President Javier Milei would have hoped
July 12, 2024
Argentina's central bank will start selling U.S. dollars in the country's parallel foreign exchange markets in an effort to combat inflation and freeze the country's money
July 13, 2024
When Chinese electric vehicle maker BYD opened its first Southeast Asian factory in Thailand earlier this month, the nation of 66
July 14, 2024
China's economy grew much slower than expected in the second quarter as a protracted property downturn and job insecurity knocked the wind out of a fragile
July 14, 2024
A look at the day ahead in Asian markets.
July 14, 2024
Argentina's economy ministry said on Sunday it will purchase just over $1.5 billion from the central bank to pay the total interest on the country's "Globales" and "Bonares"
July 14, 2024
China’s ruling Communist Party is starting a four-day meeting that is expected to lay out a strategy for self-sufficient economic growth in an era of heightened national security concerns and restrictions on access to American technology
July 15, 2024
China's central bank left a medium-term rate unchanged as expected on Monday when rolling over maturing medium-term loans.
July 15, 2024
Bank Indonesia (BI) will keep its key interest rate at 6.25% on Wednesday but will cut it by 25 basis points next quarter, earlier than previously
July 15, 2024
China says its economy expanded at a slower-than-forecast 4.7% annual rate in the last quarter
July 15, 2024
China’s Communist Party meets to set direction for troubled economy
July 15, 2024
Asian stocks are mixed as investors grappled with the weak economic data from China and waited to see the outcome of a top Communist Party policy meeting in Beijing
July 15, 2024
Federal Reserve Chair Jerome Powell on Monday kicks off what is shaping up as a key week of commentary from U.S. central bank officials taking stock of
July 15, 2024
For workers at CNH Industrial's sprawling tractor plant just outside Racine, Wisconsin, debate over whether President Joe Biden or former President
July 15, 2024
If the deep split in U.S. politics makes characterizations of economic data a dependable tell about party affiliation, the coming Republican and Democratic
July 15, 2024
Argentina's battered economy is expected to plateau and begin a fluctuating recovery in the second half of the year, according to forecasts by analysts and
July 15, 2024
Assets managed by BlackRock hit a record $10.65 trillion in the second quarter thanks to rising client asset values and as investors pumped
July 15, 2024
All European Union member states should comply with fiscal rules, German Finance Minister Christian Lindner said on Monday in Brussels.
July 15, 2024
Canadian businesses expect interest rates to come down by as much as 100 basis points over the next year but their willingness to invest is below
July 15, 2024
The Argentine parallel market peso appreciated against the U.S. dollar on Monday while the local stock market suffered, after new economic measures introduced by President
July 15, 2024
Thailand’s prime minister has said that eligible businesses and individuals can register from August for digital cash handouts, a controversial program that will cost billions of dollars and is meant to boost the lagging economy
July 15, 2024
The dollar rose on Tuesday, on track for a second straight daily gain, after a reading of retail sales proved to be firmer than expected, but was still soft
July 16, 2024
For global investors with money in China's stock markets, the latest economic numbers are not of any comfort and just a
July 16, 2024
Thailand's cabinet on Tuesday approved a 100 billion-baht ($2.8 billion) soft loan scheme where funds would be lent to commercial banks so they could on-lend to borrowers at below-
July 16, 2024
Asian stocks are mostly lower even as investors wager that the Federal Reserve will come ahead with a cut to interest rates, while Australia's benchmark hit a new record
July 16, 2024
UK grocery inflation has slowed this month to its lowest level since September 2021, coinciding with the fastest rise in monthly supermarket shopper numbers so far
July 16, 2024
Expectations U.S. interest rates will fall, preventing a hard landing for the economy, has kept investors bullish, although geopolitics pose the biggest risk to that
July 16, 2024
Euro zone households are applying for loans in growing numbers for the first time in two years as they grow more optimistic about the economy and interest rates fall, a European
July 16, 2024
German investor morale deteriorated more than expected in July, registering its first fall in a year and suggesting the recovery in the euro zone's largest economy
July 16, 2024
The Dow’s surge is a calculated response to political turmoil
July 16, 2024Stocks surge after retail sales data shows Americans are still shopping
July 16, 2024
U.S. retail sales were unchanged in June as a drop in receipts at auto dealerships was offset by broad strength elsewhere, a display of consumer resilience
July 16, 2024
New inflation warning: Get used to high interest rates, IMF says
July 16, 2024
Small business sales growth slowed in June as consumers took a pause on spending
July 16, 2024
Federal Reserve Governor Adriana Kugler on Tuesday expressed cautious optimism that inflation is returning to the U.S. central bank's 2% target, with goods,
July 16, 2024
It’s not just Bob Menendez: Americans really love gold bars
July 16, 2024
A look at the day ahead in Asian markets.
July 16, 2024
Japanese manufacturers became more confident about business conditions in July whereas those in the service sector cooled, the
July 16, 2024
The Asian Development Bank (ADB) slightly raised its growth forecast for developing Asia this year due to stronger domestic demand and export growth, but said downside risks from a
July 16, 2024
Singapore's non-oil domestic exports in June fell 8.7% from the same month a year earlier, data showed on Wednesday, weighed down mainly by weakness in non-electronic products.
July 16, 2024
Guilherme Carvalho made his first visit to China this month, and the Italian said one of the main factors behind the trip was the post-pandemic policy
July 17, 2024
The Thai government's additional 122 billion baht ($3.4 billion) budget bill for the 2024 fiscal year to finance its signature
July 17, 2024
In a year of major elections setting the course of many countries for years to come, China’s ruling Communist Party is holding top-level meetings in Beijing to draft policies for reviving its slowing economy
July 17, 2024Asian shares are mostly lower, with Tokyo's benchmark dipping more than 2%, after Wall Street’s record-breaking rally slammed into a wall of worries over potentially worsening trade tensions with China
July 17, 2024
Indonesia's central bank held its benchmark interest rate steady on Wednesday, as expected, saying the current level remained consistent to
July 17, 2024
China’s sputtering economy has prompted a dire, new shorthand online for pessimism about the prospects for any turnaround for jobs, incomes and opportunity: “the garbage
July 17, 2024
India is likely to spend 2.25 trillion rupees ($11.97 billion) on food subsidies this financial year, four government sources said,
July 17, 2024
(Republishes newsletter to embed graphics.)
July 17, 2024
By Howard Schneider and Michael S.
July 17, 2024
A Biden administration drive to increase U.S. wheat plantings after the Ukraine war is faltering as wheat prices hover around four-year lows and exportable
July 17, 2024
The euro fell on Thursday after the European Central Bank kept rates steady, as was widely expected, while the dollar index climbed after stronger-than-
July 17, 2024
Oil prices steadied on Thursday as investors wrestled with mixed signals about crude demand, with concerns about an economic slowdown in the U.S. contending with
July 18, 2024
U.S. small-cap stocks are having a long-awaited moment, ignited by expectations of interest rate cuts and improving prospects for the election of Republican
July 18, 2024
South Korea's finance minister on Thursday vowed to take policy steps to stabilise the real estate market, as house prices are rising in the area of the capital Seoul.
July 18, 2024
Japan is suspected to have intervened in the foreign exchange market to prop up the yen on several occasions this month, underscoring its discomfort over the pain the currency's fall
July 18, 2024
The European Central Bank left its key interest rate benchmark unchanged Thursday as its rate-setting council and President Christine Lagarde take their time to make sure stubborn inflation is firmly under control before lowering rates again
July 18, 2024
British stocks rose on Thursday after a slew of positive corporate updates, while data showed UK wage growth slowed but not enough to seal expectations
July 18, 2024
Chinese leaders reiterated their wide-ranging economic policy goals on Thursday, from modernizing industry to expanding domestic demand and
July 18, 2024
KeyCorp forecast a bigger drop in average loans in 2024 than previously anticipated on Thursday, and posted a 5% fall in second-quarter profit as costlier deposits eroded the regional
July 18, 2024
Opinion: Why we can’t give up on capitalism
July 18, 2024India's central bank said on Thursday that the economy's natural rate of interest has increased since the pandemic and will rise further, driven by the growth of
July 18, 2024
The European Central Bank kept interest rates unchanged on Thursday, and gave no hints as to what investors might expect at its next meeting, saying September was "wide open" and
July 18, 2024
Even some of the European Central Bank's more hawkish policymakers are open to an interest rate cut in September, provided incoming data confirm that disinflation is continuing,
July 18, 2024
A look at the day ahead in Asian markets.
July 18, 2024
Japan's government cut this year's growth forecast on Friday as consumption took a hit from rising import costs due to a weak yen, highlighting the fragile nature of
July 19, 2024
Chinese officials acknowledged on Friday the sweeping list of economic goals re-emphasised at the end of a key Communist Party meeting this week
July 19, 2024
A look at the day ahead in European and global markets from Rae Wee It's been a turbulent week for investors marked by a tech selloff on the back of deepening Sino-U.S. trade tensions, uncertainty
July 19, 2024
First to hike, first to hit its inflation target - and the last to cut?
July 19, 2024
Britain's government borrowed a lot more than forecast in June, according to official data published on Friday that highlighted the big budget challenges facing
July 19, 2024
Two European Central Bank policymakers on Friday backed further interest rate cuts, expressing greater confidence that inflation was heading to the ECB's goal next year.
July 19, 2024
China economy: Key meeting offers few clues on how to tackle worsening downturn
July 19, 2024
Investors have locked onto the U.S. central bank's Sept. 17-18 meeting for the start of interest rate cuts that Federal Reserve Chair Jerome Powell has said
July 19, 2024
U.S. stocks slumped following another washout
July 19, 2024
Global equity funds attracted inflows for a fourth successive week in the seven days to July 17, spurred by expectations of a Federal Reserve rate cut after recent data showed cooling
July 19, 2024
Euro zone inflation will continue to slow in the coming years and could dip below the European Central Bank's 2% target by 2026%, an ECB survey showed on Friday.
July 19, 2024
They used to work for China’s biggest companies. Now they’re doing manual labor
July 21, 2024
Britain's new finance minister Rachel Reeves said she will consider giving inflation-busting pay increases for almost 2 million government employees later this month to avoid
July 21, 2024
Opinion: Increasing the minimum wage comes at too high a price for workers
July 21, 2024Japanese ministries' budget demand for the next fiscal year is likely to exceed 110 trillion yen ($698 billion) for the fourth straight year, according to a
July 22, 2024
India's monetary policy framework should consider targeting inflation that excludes food, the prices of which are influenced more by supply than demand, the government's 2023/24
July 22, 2024
Taiwan's export orders rose less than expected in June on weak demand from the island's top trading partner China and for laptops and mobile phones, even as chips saw continued
July 22, 2024
China's government posted an extended decline in land sales revenue in the first half of 2024, finance ministry data showed on Monday.
July 22, 2024
European Central Bank policymaker Peter Kazimir opened the door on Monday to two more interest rate cuts by the end of the year if data justified them.
July 22, 2024
It’s becoming harder to get — and keep — a car
July 22, 2024
Saudi Arabia's economic growth will likely be one of the slowest among the Gulf Cooperation Council (GCC) countries this year, according to a Reuters poll of
July 22, 2024
Ukraine announced on Monday a preliminary deal with a bondholder group to restructure $19.7 billion in debt.
July 22, 2024
Strong wage growth is making it harder to bring down inflation in the euro zone, the German central bank said on Monday, calling for a careful approach to further interest rate
July 22, 2024
In September 2021, after absorbing three months of price hikes that were more than double the Federal Reserve's 2% target, U.S. central bank staff and
July 22, 2024
Canada's main stock index rose on Monday, with the real estate and utilities sectors leading a broad-based rally ahead of an expected interest rate cut this week by the Bank
July 22, 2024
Brazil's economy will continue growing at a steady pace over the medium term thanks to a continuous rise in public spending that is set to keep fiscal
July 22, 2024
After more than a year of moderate expansion, South Korea's economic growth likely slowed to a near halt last quarter as higher borrowing costs held back
July 23, 2024
Singapore's central bank is widely expected to keep monetary policy unchanged this week and hold off easing settings amid lingering risks to the inflation outlook
July 23, 2024
China’s leaders have floated the idea of raising the retirement age. It hasn’t gone down well
July 23, 2024
A look at the day ahead in European and global markets from Tom Westbrook Markets mostly took Joe Biden's withdrawal from the U.S. presidential race in their stride, flicking the switch from politics
July 23, 2024
A tiny insect is ravaging Tunisia’s prickly pears, a critical source of revenue for the North African country's agriculture sector and economy.
July 23, 2024
Group of 20 finance leaders are expected to cheer the growing likelihood of a global economic "soft landing" while warning of the risks from
July 23, 2024
Ghana's finance minister raised the country's 2024 growth forecast on Tuesday and said the West African nation was rebounding faster
July 23, 2024
South Korea's consumer sentiment in July was the most optimistic in 27 months, with a brighter spending outlook due to easing inflation concerns, a central bank survey showed on
July 23, 2024
Japan's factory activity contracted slightly in July as output and new orders fell and firms remained under pressure from higher prices, a business survey showed on Wednesday.
July 23, 2024
Thailand's 500 billion baht ($13.85 billion) "digital wallet" handout scheme is a necessary stimulus measure to boost a lagging economy held back by low income and high household
July 24, 2024
Thailand's Constitutional Court said on Wednesday it will hand down its verdict on Aug. 14 in a case that seeks the dismissal of
July 24, 2024
India's business activity accelerated at its fastest pace in three months in July thanks to strong demand, especially in the services sector, according to a
July 24, 2024
A look at the day ahead in European and global markets from Ankur Banerjee A sales miss by luxury giant LVMH due to Chinese shoppers keeping a lid on spending and disappointing results from major U.S.
July 24, 2024
German consumer sentiment is set to recover significantly heading into August as households' income expectations hit their highest point in over two years due to slightly lower
July 24, 2024
France's dominant services sector expanded in July, a survey showed on Wednesday, helped by a pick-up in business from the Olympic Games although the country's
July 24, 2024
Porsche said on Wednesday it was fighting to restore production volumes and re-prioritise spending towards a more flexible product line-up after months of
July 24, 2024
The Bank of Canada on Wednesday trimmed its key interest rate by 25 basis points for the second month in a row, bringing it to 4.5%, and said
July 24, 2024
Sri Lanka's central bank cut interest rates by 25 basis points on Wednesday in a surprise decision aimed at spurring economic recovery following the country's
July 24, 2024
The Bank of Japan must raise interest rates to prevent excessive declines in the yen, private-sector members of a key government council said at a meeting last week where Governor
July 24, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan Wall St has suddenly become a tough crowd to please.
July 24, 2024
A 134-year-old home goods retailer filed for bankruptcy and is closing more than 70 stores
July 24, 2024
Visa's underwhelming third-quarter revenue prompted a number of brokerages to cut their price targets on the company's stock, stoking concerns about slowing
July 24, 2024
The Bank of England will trim Bank Rate to 5% next week, a majority of economists said in a Reuters poll, and with inflation expected to hover around target, it
July 24, 2024
The Bank of Canada on Wednesday trimmed its key policy rate by 25 basis points for the second month in row, bringing it down to 4.5%, and said more cuts were likely if inflation
July 24, 2024
Sales of new U.S. single-family homes fell to a seven-month low in June as higher mortgage rates and prices weighed on demand, further evidence that the housing market recovery
July 24, 2024
A look at the day ahead in European and global markets from Kevin Buckland The global equity sell-off looks set to extend into Europe on Thursday although the region may be spared the carnage in parts
July 25, 2024
China surprised financial markets with an off-cycle cut to bank funding costs on Thursday.
July 25, 2024
Japan's government on Thursday maintained its assessment on the economy but offered a bleaker view than last month on exports due to the fallout from slowing
July 25, 2024
Indonesia launched a long-term visa scheme on Thursday intended to attract foreign investors, President Joko Widodo said, with amounts of up to $10 million giving them a 10-year
July 25, 2024
Companies in the euro zone's two largest economies are growing more pessimistic, surveys showed on Thursday, raising concerns over
July 25, 2024
Investors turned bullish on the Singapore dollar for the first time since mid-December as the city-state's growth and inflation dynamics continue to support the local unit,
July 25, 2024
Shares are mostly higher in Asia, with major markets apart from Shanghai and Taiwan logging modest gains
July 25, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan The worst day for the S&P500 since 2022 and mounting central bank easing bets suggest markets' serene 'soft landing' scenario is
July 25, 2024
China has ratcheted up its efforts to spur slowing growth by cutting a key policy rate and doubling subsidies for electric vehicles bought to replace older cars
July 25, 2024The US economy is pulling off something historic
July 25, 2024
Fewer Americans filed for unemployment benefits last week, but applications remained at recently elevated, though not troubling levels
July 25, 2024
Inflation in key sub-Saharan African economies is unlikely to slow to targets even after recent aggressive interest rate hikes as central banks look to reverse
July 25, 2024
Federal Reserve policymakers are seen leaving their short-term interest-rate target in the 5.25%-5.50% range next week and waiting until September to start a string of quarter-point
July 25, 2024
Zimbabwe's 2024 budget deficit is forecast to be 1.3% of gross domestic product, Finance Minister Mthuli Ncube said on Thursday, but warned that concerns remained
July 25, 2024
Investors are ditching some of this year's favourite trades as a retreat in the glitzy megacaps risks snowballing into a multi-pronged selloff that
July 25, 2024
Finance ministers from leading rich and developing nations are meeting in Rio de Janeiro to discuss a global tax on the super-rich
July 25, 2024
The Bank of Canada is shifting its focus to boosting the economy rather than suppressing inflation, which raises prospects of further interest
July 25, 2024
A gauge of global stocks climbed for the first time in four sessions on Friday as equities steadied after a sharp selloff and U.S. economic data showed an
July 26, 2024
Thailand's economy is expected to grow 2.7% in 2024, the Finance Ministry said Friday, up from a previous forecast of 2.4% due to higher foreign tourist arrivals and exports.
July 26, 2024
North Korea's economy grew sharply in 2023 after shrinking for three straight years as trade with China increased after COVID-19 pandemic border controls were eased,
July 26, 2024
A look at the day ahead in European and global markets from Kevin Buckland An element of calm has returned to markets as a wild week winds down, with European and U.S. stock futures pointing overall
July 26, 2024
Japan's industrial output likely fell in June, reversing from gains made the previous month, led by suspension of some auto production, a Reuters poll found on Friday.
July 26, 2024
The Bank of Japan (BOJ) is expected to unveil details of a quantitative tightening (QT) plan at its monetary policy meeting next week, aimed at reducing its holdings
July 26, 2024
Wall Street rallied following encouraging reports on inflation and on strong profits at 3M and other big U.S. companies
July 26, 2024
Euro zone consumers stopped reducing their inflation expectations in June after four consecutive monthly falls, a European Central Bank survey showed on Friday.
July 26, 2024
Most regions saw equity inflows in the week to Wednesday, led by emerging markets and the U.S., Bank of America Global Research said, as investors brought forward expectations for
July 26, 2024
Hosting the Olympics has become financially untenable, economists say
July 26, 2024
The Federal Reserve’s favored inflation measure remained low last month, bolstering evidence that price pressures are steadily cooling and setting the stage for the Fed to begin cutting interest rates in September
July 26, 2024
U.S. prices increased moderately in June as the declining cost of goods tempered a rise in the cost of services, underscoring an improving inflation
July 26, 2024
Turkey's economic turnaround is yielding results, EBRD Vice President Matteo Patrone told Reuters on Friday, adding that the bank aims to match
July 26, 2024
U.S. investors continued to pump money into equity funds in the seven days to July 24, shrugging off a technology sector selloff to focus on robust corporate earnings and the possibility
July 26, 2024
The European Central Bank still faces a tough "last mile" in its fight against high inflation, as evidenced by stubbornly high growth in the prices of services, ECB board member
July 26, 2024
The first-ever joint declaration by G20 finance leaders vowing to cooperate on effectively taxing the world's largest fortunes on Friday
July 26, 2024
Vietnam received foreign investment inflows of $12.55 billion from the start of the year to July 20, up 8.4% from the corresponding period a year earlier, the planning and investment
July 27, 2024Since President Joe Biden left the White House race, Vice President Kamala Harris has begun to craft her own narrative around the economy
July 27, 2024
Italy’s Prime Minister Giorgia Meloni says Italy and China have signed a three-year action plan to implement past agreements and experiment with new forms of cooperation
July 28, 2024
See where inflation is the highest and lowest in America
July 28, 2024
Inflation is nearing the Federal Reserve's 2% target, and the central bank is expected to begin cutting interest rates as soon as September.
July 29, 2024
Two years after launching an aggressive fight against inflation and one year after leaving its benchmark interest rate at a near-quarter-century high, the Federal Reserve is expected to signal this week that it will likely reduce borrowing costs as soon as September
July 26, 2024
Optimism about global growth prospects this year and next is building among hundreds of economists polled by Reuters, with risks still tilted toward higher
July 29, 2024
Venezuela's bonds and those of state oil firm PDVSA fell deeper into distressed territory on Monday after both President Nicolas Maduro and
July 29, 2024
Britain's new finance minister, Rachel Reeves, told parliament her Conservative predecessor had left public spending on track to go over budget
July 28, 2024
The International Monetary Fund said on Monday it had completed a review allowing Egypt to draw $820 million, saying efforts to restore
July 29, 2024
Chinese leaders signalled on Tuesday that the stimulus measures needed to reach this year's economic growth target will be directed at consumers,
July 30, 2024
The German economy unexpectedly contracted in the second quarter after skirting a recession at the beginning of the year and July's inflation rose, showing the
July 30, 2024
Ethiopia's new $3.4 billion financing deal with the International Monetary Fund paves the way for completion of its long-delayed debt restructuring in the
July 30, 2024
Pakistan's finance ministry expects inflation in July to range between 12% and 13%, easing further in August to stand between 11.0% and
July 30, 2024
S&P Global Ratings affirmed on Tuesday Indonesia's ratings at BBB investment grade with a stable outlook, but flagged fiscal uncertainties from the incoming government led by
July 30, 2024
U.S. single-family home prices were unchanged in May and the annual increase was the smallest in 10 months as higher mortgage rates stifled demand, boosting housing supply.
July 30, 2024
Ethiopia’s currency has lost 30% of its value the day after the central bank began implementing a flexible exchange rate policy backed by the International Monetary Fund as part of new measures to stabilize the eastern African nation’s economy
July 30, 2024U.S. job openings fell slightly last month, a sign that the American labor market continues to cool in the face of high interest rates
July 30, 2024
American consumers felt more confident in July as expectations over the near-term future rebounded
July 30, 2024
It’s not the end of the world if the Fed doesn’t cut rates tomorrow
July 30, 2024The Bank of Japan raised interest rates to levels unseen in 15 years and unveiled a detailed plan to slow its massive bond buying, taking another
July 30, 2024
Japan's factory output fell 3.6% in June from the previous month, versus a median market forecast for a 4.8% drop, government data showed on Wednesday.
July 30, 2024
Federal Reserve Chair Jerome Powell has set the stage for the central bank’s first rate cut in four years
July 30, 2024
Former Ghanaian president John Dramani Mahama will try to renegotiate terms of an International Monetary Fund bailout and boost local ownership of future
July 31, 2024
Japan’s index has plunged, as the U.S. dollar sank against the yen, and regional investors digested the rally on Wall Street that came on hopes U.S. cuts to interest rates will be arriving soon
July 31, 2024
A high court in Ghana has blocked civil society groups from holding protests in the capital Accra, one of the organisers said, joining other African
July 31, 2024Key takeaways from the latest Fed meeting
July 31, 2024
Why Americans are snubbing McDonald’s and Starbucks
July 31, 2024Taiwan's trade-dependent economy grew more than expected in the second quarter thanks to stronger demand for new technology, such as artificial
July 31, 2024
Japanese authorities spent 5.53 trillion yen ($36.8 billion)intervening in the foreign exchange market this month to pull the yen off 38-year lows, official data
July 31, 2024
U.S. private payrolls increased far less than expected in July, but that likely is not a true reflection of a labor market that continues to moderate gradually.
July 31, 2024
Nigerian security forces deployed in major cities and the government said it was open to dialogue ahead of planned protests on Thursday against a cost of living
July 31, 2024
Kenya's inflation fell to 4.3% year-on-year in July from 4.6% a month earlier, the statistics office said on Wednesday. On a monthly basis, inflation was -0.2% from 0.4% in June.
July 31, 2024
South Korea's exports rose at the fastest pace in six months in July on strong chip sales but missed market expectations, trade data showed on Thursday, amid worries
July 31, 2024
South Korea's factory activity expanded for the third straight month in July, but at a slower pace as weak domestic demand crimped output and new orders, a private-
July 31, 2024
Global equities dropped on Thursday, with Wall Street's major indexes selling off as U.S. data sparked economic worries and financial
August 01, 2024
China has the ability and confidence to achieve its full-year growth target of around 5% and will work to actively expand domestic demand, officials from the state planner said on
August 01, 2024
A look at the day ahead in European and global markets from Stella Qiu All eyes are on the Bank of England today, now that the Bank of Japan delivered its second interest rate hike in 17
August 01, 2024
The Bank of Japan said on Thursday there was a chance wage and price growth could overshoot expectations as labour markets tighten.
August 01, 2024
Global hedge funds have trimmed their exposure to Chinese equities to the lowest in five years while ramping up investment in Japan,
August 01, 2024
The downturn in Germany's manufacturing sector, which accounts for about a fifth of Europe's biggest economy, continued to gather pace in July, a survey showed on
August 01, 2024
Italian manufacturing activity contracted for a fourth month running in July but at a slower pace than the month before, a survey showed on Thursday, with both output and new orders
August 01, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan The Federal Reserve left Wall Street with little doubt about a first U.S. interest rate cut in seven weeks' time, but multiple cross-
August 01, 2024
U.S. stocks kicked off August sharply lower after a round of economic data on Thursday spurred concerns the economy may be slowing faster than anticipated
August 01, 2024
Security forces have fired gunshots and tear gas to quell mass protests across Nigeria as thousands, mostly young people, poured onto the streets to rally against the country’s spiraling economy
August 01, 2024
The number of Americans filing for unemployment benefits jumped to its highest level in a year last week, even as the labor market remains broadly healthy
August 01, 2024
U.S. worker productivity growth accelerated in the second quarter, keeping the increase in labor costs in check, and further brightening the inflation outlook.
August 01, 2024
The global rate cut cycle is picking up steam, with half of developed markets' central banks having begun easing, and the U.S.
August 01, 2024
At least two Ethiopian local governments have ordered the closure of dozens of businesses found hiking prices of basic commodities after the central bank floated the national
August 01, 2024
The average rate on a 30-year mortgage fell this week to its lowest level since early February, easing borrowing costs for prospective homebuyers facing record-high home prices
August 01, 2024
Senate GOP blocks tax bill as Democrats spotlight child credit in election-year push
August 01, 2024
The S&P 500 fell more than 2% and the Nasdaq more than 3% at one point late on Thursday, reversing early gains and closing the first session of August sharply lower after data spurred
August 01, 2024
Canadian federal government's target for a bump in its controversial capital gains tax over the next five years will fall short by a tenth, according to an analysis released on
August 01, 2024
A look at the day ahead in Asian markets.
August 01, 2024
South Korea's consumer inflation ticked up in July on supply-side pressures after weakening for three straight months, official data showed on Friday, coming in slightly higher than
August 01, 2024
The U.S. dollar dropped to a four-month low on Friday after a weaker-than-expected employment report for July raised expectations that the Federal Reserve will
August 01, 2024
A weak yen is hurting Japanese households' sentiment and could erode their purchasing power, the government said in a report on Friday, underscoring its concern over
August 02, 2024
Oil prices fell on Friday, with
August 02, 2024
China should ramp up its fiscal stimulus to spur economic growth and set a firm inflation target to prevent the country falling into a "low inflation trap", a central bank policy
August 02, 2024
Indonesia's economic growth probably slowed slightly to 5% in the second quarter and authorities are monitoring geopolitical developments
August 02, 2024
The United Nations world food price index eased slightly in July according to data released on Friday, with a decline in the index for cereals offset in part by increases for meat,
August 02, 2024
China's Civil Affairs University announced a new undergraduate marriage program to develop marriage-related industries and culture, drawing scorn of social media users who
August 02, 2024
Traders bet on Friday that the Federal Reserve will start easing policy in September with a big half-percentage-point interest rate cut, after government data showed employers added far
August 02, 2024
New orders for U.S.-manufactured goods fell more than expected in June, but business spending on equipment was solid as was initially estimated, government data showed on Friday
August 02, 2024
Italy has no plans to introduce new windfall taxes on company profits, government sources said on Friday, denying press reports.
August 02, 2024
The turmoil shaking global financial markets reflects a sudden fear that the Federal Reserve may have held its key interest rate too high for too long, heightening the risk of a U.S. recession
August 02, 2024
Colombia's central bank technical team revised its inflation outlook for the year to 5.7%, from a previous 5.5%, it said in a quarterly report published on Friday.
August 02, 2024
Activity across Russia's manufacturing sector increased marginally in November, a business survey showed on Monday, thanks to fresh expansions in outputs and new orders even as work
December 02, 2024
Nigeria's police on Saturday arrested dozens of protesters and fired teargas to disperse those trying to march to government offices in the
August 03, 2024
New Zealand's green credentials are at risk as the government rolls back environmental reforms in a bid to boost a flailing economy and fulfil promises made to
August 04, 2024
Growth in China's services activity accelerated in July helped by new orders, although momentum in overseas demand eased to its slowest pace in 11 months, a private-sector survey
August 05, 2024
Share markets around the world tumbled and bonds rallied on Monday as fears the United States could be heading for recession sent investors rushing from risk assets while wagering interest
August 05, 2024
South Korea's stock market marked its worst session since the global financial crisis of 2008 on Monday, with trading curbs activated for the first time in four years,
August 05, 2024
Activity across Russia's services sector returned to growth in July, which firms attributed to stronger demand, creating more new orders and a faster rate of job creation, a business
August 05, 2024
The Swiss franc rose to its highest level against the euro in nearly a decade on Monday, as heavy losses in stock markets, concerns over U.S. and global growth and tensions in the
August 05, 2024
Taiwan stocks plunged a record 8.4% on Monday, with tech stocks including TSMC sliding as investors spooked by a poor outlook for the U.S. economy
August 05, 2024
Japanese Finance Minister Shunichi Suzuki said on Monday authorities were watching exchange-rate moves closely, speaking after the Nikkei
August 05, 2024
Growth in Germany's services sector slowed for the second consecutive month in July, a survey showed on Monday, in a further sign that Europe's biggest economy is
August 05, 2024
Protests in Nigeria over the soaring cost of living ebbed on Monday, with only a few hundred people turning out in major cities following a deadly crackdown by security
August 05, 2024
Japanese stocks collapsed on Monday in their biggest single day rout since the 1987 Black Monday sell-offs, driven by last week's plunge in global
August 05, 2024
By Tom Polansek and P.J.
August 05, 2024
Wall Street's most-watched gauge of investor anxiety logged its largest ever intraday jump on Monday and closed at its highest since October 2020, as traders
August 05, 2024
CNN's Rahel Solomon reports on the US stock market plunging as fears about a US economic slowdown sent shockwaves of fear through global markets.
August 06, 2024Bahrain's economy grew 3.3% year-on-year in the first quarter of 2024, according to a quarterly economic performance report by the Ministry of Finance, citing preliminary data from
August 05, 2024
Why the stock market is freaking out again
August 05, 2024Ethiopia has imported 14 million litres of cooking oil to ensure sufficient supplies of the basic commodity, its trade minister said, after the country's central bank floated
August 05, 2024
Markets on Wall Street and in Asia are stabilizing Tuesday following a mini-panic caused by an assortment of factors that stretched from late last week through Monday
August 05, 2024
Political analyst Maggie Haberman joins CNN's "Inside Politics" to discuss how Donald Trump's campaign is capitalizing on the plunging stock market.
August 06, 2024CNN spoke with Mark Zandi, chief economist at Moody's, about what investors should do with their portfolios when the stock market is plunging.
August 07, 2024A recent U.S.
August 05, 2024
Japanese consumer spending fell more than expected in June, government data showed on Tuesday.
August 05, 2024
Stocks rose on Wall Street as calm returned to the market a day after its worst drop in nearly two years
August 06, 2024
How ‘special forces travelers’ are making – and then breaking – Chinese tourism destinations
August 06, 2024
Global stocks rallied on Tuesday, partly reversing some of the previous day's steep declines, while the Japanese yen took a breather, after central bank officials said all the right things
August 06, 2024
Walz could help Harris shore up the ‘blue wall’ on the way to the White House
August 06, 2024China's exports grew at their slowest pace in three months in July, missing expectations and adding to concerns about the outlook for the vast
August 06, 2024
The stock market panicked, but you shouldn’t
August 06, 2024Ireland's unemployment rate hit its highest rate in two-and-a-half years in July, rising to 4.7% from an upwardly revised 4.5% a month earlier, Central Statistics Office data showed
August 06, 2024
The U.S. dollar will claw back some of its recent losses over the coming three months on expectations financial markets have again gone too far in pricing in
August 06, 2024
Mexico's headline inflation rate likely accelerated again in July to reach its highest level in more than a year, while the core index is forecast to continue to moderate, a
August 06, 2024
The Bank of Mexico will likely hold its benchmark interest rate at 11% later this week, according to a majority of analysts in a Reuters poll on Tuesday, as inflation and the
August 06, 2024
Britain needs to spend an extra 50 billion pounds ($64 billion) a year on public investment to boost productivity and long-run growth, largely funded by public
August 06, 2024
Rising unemployment in New Zealand and annual wage growth at a two-year low reinforced expectations that the country's central bank will move to cut interest
August 06, 2024Wall Street equity indexes closed lower after Wednesday's choppy session while a bond auction pushed Treasury yields higher and the dollar rose
August 07, 2024
Panama's government passed two decrees on Tuesday allowing the economy ministry to seek a cumulative $9 billion in financing, Panama's council of ministers said in a statement.
August 07, 2024
U.S. stocks slumped after a morning rally evaporated, but the losses on Wall Street weren’t as bad as the manic moves that wracked markets worldwide over the last week
August 07, 2024
China's exports climbed 7.0% in July from year earlier, a slower pace of growth than in June and missing expectations, but imports rose 7.2%, customs
August 07, 2024
A strong comeback by banks on Wednesday helped Europe's main stock index log its biggest one-day gain since November, even though the continent's largest
August 07, 2024
The Paris Olympics is giving a much-needed lift to the French economy thanks to increased consumer spending, according to a report from U.S bank card and financial transactions firm
August 07, 2024
Colombia's President Gustavo Petro, the country's first leftist leader in modern times, came to power two years ago under a banner of
August 07, 2024
Stocks close lower as Wall Street struggles to stage a comeback
August 07, 2024
A wager that stock markets would stay calm has cost retail traders, hedge funds and pension funds billions after a selloff in global stocks, highlighting the risks
August 07, 2024
Throughout decades of political change in Argentina, the annual Aug. 7 pilgrimage to St. Cayetano Sanctuary has served as a potent, and grim, reminder that in Argentina, economic despair remains a constant
August 07, 2024
Japanese authorities are closely watching stock market developments but are not in a phase of taking specific actions, Finance Minister Shunichi Suzuki said on Thursday, as volatility
August 08, 2024
A closely followed global equities index jumped more than 1% on Thursday after lower-than-expected weekly U.S. unemployment claims calmed
August 08, 2024
South Korea's state-run think tank on Thursday said there was a need for early cuts in interest rates, as it flagged weaker economic growth and inflation amid sluggish domestic
August 08, 2024U.S. stocks rallied to their best day since 2022 in Wall Street’s latest sharp swerve
August 08, 2024
Taiwan's exports rose less than expected in July as weak demand from China offset record orders from the United States which underscored the island's
August 08, 2024A look at the day ahead in U.S. and global markets from Mike Dolan Seeking some calm, markets remain edgy following the volatility jolt of the past week and traders now seek some re-assurance the real
August 08, 2024Travel companies including Airbnb and Marriott International are forecasting a slowdown in leisure travel as U.S. consumers wait longer to book vacations in a
August 08, 2024
The number of Americans filing for jobless benefits fell last week but remain at slightly elevated though not troubling levels
August 08, 2024
Mexico's headline inflation rate rose again in July, reaching a level not seen in over a year, while the core index showed signs of moderation, according to data
August 08, 2024
Dow closes nearly 700 points higher after latest jobless data brings better news for America’s labor market
August 08, 2024
A drop in the number of Americans applying for unemployment benefits last week relieved markets that had been in a near panic about prospects for a recession and how aggressive the Federal
August 08, 2024
A look at the day ahead in European and global markets from Stella Qiu.
August 09, 2024China's new yuan loans likely fell sharply in July from the previous month, a Reuters poll showed on Friday, dragged down by tepid credit demand and seasonal factors even as the
August 09, 2024Europe's main index rose on Friday, with a continued boost from healthcare stocks, logging gains for a fourth consecutive session and eking out a gain
August 09, 2024Days after hundreds of thousands of people took to the streets across Nigeria to protest against inflation and other economic hardships, clothing seller Michael Nwankwo
August 09, 2024
The S&P 500 ended higher on Friday and was little changed for the week after regaining almost all of its losses since Monday's steep dive that was prompted
August 09, 2024The French economy is on course to grow at least 0.35% in the third quarter as it benefits from a temporary boost from activity related to the Olympic Games, the central bank
August 09, 2024Market concerns about global growth may have been excessive this week as there is no evidence of an imminent U.S. recession, a co-founder of consultancy Energy
August 09, 2024The union that represents train engineers says Union Pacific is holding back on its promises to make their schedules more predictable
August 09, 2024
During an interview with CNN's Dana Bash for "State of the Union," Republican vice presidential nominee JD Vance says Kamala Harris is "whatever she says she is" and echoed Donald Trump’s false comments about Kamala Harris’ racial identity.
August 11, 2024
Small businesses along popular vacation destinations like boardwalks and piers in the U.S. say the number of tourists flocking to the waterfront is back to normal, meaning pre-2020 levels
August 10, 2024
Inflation comes for your oysters
August 11, 2024
A look at the day ahead in Asian markets. A week is not just a long time in politics.
August 11, 2024
Chinese government bonds fell sharply on Monday following a turbulent week in which the central bank started intervening heavily to stem a plunge in long-dated yields
August 11, 2024A look at the day ahead in European and global markets from Wayne Cole It's been a blessedly quiet start to the week in Asia with Japan taking a much-needed holiday for Mountain Day, after the Nikkei
August 12, 2024
Catherine Mann, an external member of the Bank of England's Monetary Policy Committee, said in a podcast released on Monday that goods and services prices were set to rise again and
August 12, 2024U.S. stocks drifted through a quiet day to finish mixed, as markets around the world stabilized following a wild week
August 12, 2024
China's bank lending tumbled more than expected in July, hitting the lowest in nearly 15 years, dragged down by tepid credit demand and seasonal factors
August 13, 2024
A key inflation gauge showed price hikes slowed last month. But economic jitters remain
August 13, 2024
Home Depot issues a warning about the economy
August 13, 2024
U.S. producer prices increased less than expected in July as the cost of services fell by the most in nearly 1-1/2 years amid signs of diminishing pricing
August 13, 2024
Services activity in Brazil grew more than expected in June to hit an all-time high, eclipsing a record that had been set in December 2022, data from statistics agency IBGE showed
August 13, 2024Credit ratings agency Fitch downgraded Israel's credit rating to "A" from "A-plus" on Monday, citing worsening geopolitical risks as the war in Gaza drags on, and kept the rating outlook
August 12, 2024South Africa's official unemployment rate rose for the third quarter in a row, reaching 33.5% in April-June of this year, data from the statistics agency showed on
August 13, 2024Thailand will increase the size of a state mutual fund by between 100 billion baht and 150 billion baht ($2.8 billion-$4.3 billion) to invest in local stocks, officials said on
August 13, 2024Soaring demand from Chinese investors for offshore investments has left foreign banks and fund managers scrambling to ration outbound-
August 13, 2024
German investor morale darkened more than expected in August, posting its strongest decline in two years, the ZEW economic research institute said on Tuesday.
August 13, 2024Investors increased their allocations to cash and reduced their overweight position in stocks in August, as expectations for global growth dropped to their lowest in eight months, a
August 13, 2024
Spain's European Union-harmonised 12-month inflation fell to 2.9% in July, from 3.6% in the period through June, final data released by the National Statistics Institute (INE) showed on
August 13, 2024
People are leaving New Zealand in record numbers as unemployment rises, interest rates remain high and economic growth is anaemic, government statistics show.
August 13, 2024
A look at the day ahead in European and global markets from Ankur Banerjee Japanese shares returned from a holiday with a bang on Tuesday, erasing all of last week's losses as a stable yen provided
August 13, 2024
South Korea plans to announce guidelines to encourage the use of an alternative benchmark in its $4.3 trillion interest rate swap market and replace Certificate of
August 13, 2024Australian consumer sentiment bounced in August as rate fears subsided and the outlook for family finances improved due to the government's tax cuts and other cost-of-living
August 12, 2024Singapore's economy grew 2.9% in the April-June quarter from a year earlier, matching the official advance estimate and above market expectations, government data showed on
August 12, 2024Middle- and low-income U.S. families now have significantly fewer liquid resources like bank deposits than they were on track to have before the disruptions of the COVID-19
August 12, 2024
Portfolio managers at hedge funds have retrenched from some of their riskier positions after a volatile week for markets.
August 12, 2024Young people in China aren’t spending on romance. That’s a problem
August 13, 2024
Japanese manufacturers turned slightly less confident about business conditions in August and the service sector's mood eased, the monthly Reuters Tankan survey found
August 13, 2024New Zealand's central bank slashed its benchmark rate for the first time since March 2020 and flagged more cuts over coming months, saying inflation was nearing
August 14, 2024Japanese Prime Minister Fumio Kishida said on Wednesday the government must continue to promote growth in wages and investment for the economy to make a full exit from
August 14, 2024
A tumultuous sell-off in financial markets this month has barely scathed global financing conditions, but the risk of further volatility
August 14, 2024India's wholesale price inflation slowed in July mainly due to a fall in vegetable prices, government data released on Wednesday showed.
August 14, 2024Year-over-year inflation reached its lowest level in more than three years in July, the latest sign that the worst price spike in four decades is fading and setting up the Federal Reserve for an interest rate cut in September
August 13, 2024
Namibia's central bank cut its main interest rate by 25 basis points on Wednesday, citing a slowdown in inflation and inflation expectations.
August 14, 2024Leveraged loan deals are expected to pick back up after a stabilization in markets over the past week, although some investors say they are cautious about junk-rated loans if
August 14, 2024U.S. consumer prices rose moderately in July and the annual increase in inflation slowed to below 3% for the first time in nearly 3-1/2 years, opening the door
August 14, 2024Ukraine posted a trade deficit of $13.6 billion in the first half of 2024 compared with a deficit of $10.9 billion in the same period a year ago, the statistics service said on Wednesday.
August 14, 2024A group of foreign holders of Ethiopia's $1 billion international bond said on Wednesday it was disappointed with recent
August 14, 2024A top Federal Reserve official warned that the central bank needs to cut its key interest rate before the job market weakened further or the Fed would risk moving too late and potentially imperil the economy
August 14, 2024Why car insurance is still so expensive even as car prices are dropping
August 14, 2024
China's new home prices fell at their fastest pace in nine years in July, as a slew of support policies failed to stabilise prices and restore
August 15, 2024China's factory output slowed for a third straight month in July, showing the recovery in the world's second-largest economy was losing steam, although the
August 15, 2024
Wall Street rallied close to its record heights after data showed the U.S. economy is holding up better than expected
August 15, 2024
Sri Lanka's election panel gave approval on Thursday for President Ranil Wickremesinghe to contest a presidential poll set for Sept. 21 in the Indian Ocean
August 15, 2024
The war on inflation has been won. It’s OK if you’re still angry
August 15, 2024U.S. import prices barely rose in July, extending the flow of tame inflation readings that have bolstered financial market expectations for an interest rate cut next month.
August 15, 2024
U.S. retail sales rose more than expected in July, which could help to allay financial market fears of a sharp economic slowdown that were fanned by a jump in the unemployment
August 15, 2024Sales at US retailers unexpectedly surged in July, the Commerce Department reports, rising by 1% from the prior month, up from June’s downwardly revised 0.2% decline.
August 15, 2024
Israel's inflation rate kept climbing in July, data from the Central Bureau of Statistics showed on Thursday, reducing the likelihood of further interest rate reductions anytime
August 15, 2024U.S. corporate bond spreads, the premium over Treasuries that companies pay for debt, are starting to recoup some lost ground after recent strong economic data increased
August 15, 2024
Manufacturing activity in New Zealand rose in July but while there was some improvement the numbers still tell a story of a sector continuing to struggle.
August 15, 2024Singapore's non-oil domestic exports rose 15.7% in July from a year earlier, data on Friday showed, with both electronics and non-electronics exports growing.
August 15, 2024
Japan's consumer inflation rate likely picked up in July for a third consecutive month, a Reuters poll of 18 economists showed, keeping the central bank on course to consider another
August 16, 2024U.S. stocks drifted higher as Wall Street coasted to the close of its best week since November
August 16, 2024
Malaysia's economy expanded at its fastest rate in 18 months in the second quarter helped by stronger household spending, exports and
August 16, 2024A look at the day ahead in European and global markets from Rae Wee Last week's market turmoil has quickly faded into a distant memory - at least for now - after a raft of U.S. economic data this week
August 16, 2024As conflict casts a shadow across the Middle East, people are getting rich in Dubai
August 16, 2024
Taiwan's trade-driven economy is expected to grow at a slightly slower pace in 2024 than previously forecast, with exports weaker than projected, despite
August 16, 2024The jobless rate for 16- to 24-year olds in China, excluding students, rose to 17.1% in July from 13.2% in the prior month, the country's statistics bureau said on
August 16, 2024America’s economy is wildly confusing right now. Here’s what’s really going on
August 16, 2024Indonesia's outgoing government submitted a 2025 budget plan to parliament on Friday targeting a narrower deficit than
August 16, 2024China's Premier Li Qiang told a cabinet plenary session on Friday that great efforts must be made to boost the economy and the country will focus on stimulating consumption, state
August 16, 2024
Global investors poured into money market and government bond funds in the week to Aug. 14, preferring to stick with lower risk assets while waiting for more clarity on the health of the
August 16, 2024The Brazilian economy closed the second quarter showing resilience after much stronger-than-expected activity data in June, central bank figures showed on Friday, reinforcing
August 16, 2024
Vice President Kamala Harris has proposed a ban on “price gouging” by food suppliers and grocery stores, as part of a broader agenda aimed at lowering the cost of housing, medicine, and food
August 16, 2024
The Bank of Thailand (BOT) will keep interest rates unchanged on Wednesday and through Q1 2025 to balance growth with inflation control while assessing the
August 19, 2024
U.S. stocks climbed, and Wall Street pulled closer to its record heights following its roller coaster of a summer
August 19, 2024
A look at the day ahead in European and global markets from Wayne Cole.
August 19, 2024
Travel isn’t dead. It’s just taking a vacation
August 19, 2024U.S. workers are growing more sour with their employment compensation, according to a survey released on Monday by the New York Federal Reserve.
August 19, 2024
The leaders of China and Vietnam have pledged to further their economic ties and gave a nod to their shared communist ideology during the first visit by Vietnam’s new president to Beijing
August 19, 2024
A look at the day ahead in Asian markets.
August 19, 2024
China left benchmark lending rates unchanged at a monthly fixing on Tuesday, in line with market expectations.
August 20, 2024
Australia's central bank judged a near-term rate cut was unlikely and policy might need to stay restrictive for an "extended period" to ensure inflation can be tamed, after debating
August 20, 2024
Global stocks hovered near their highest in a month on Tuesday, while the dollar hit an eight-month low, as investors focused on bets that
August 20, 2024
U.S. stocks ticked lower and snapped an eight-day winning streak, the longest of the year
August 20, 2024
Federal Reserve officials have said they’re increasingly confident that they’ve nearly tamed inflation
August 20, 2024
Europe's main stock index snapped a five-day winning streak on Tuesday, dragged down by heavyweight energy stocks, with investors sizing up domestic
August 20, 2024
Taiwan's export orders rose more than expected in July as demand for chips used in artificial intelligence applications continued to soar and the
August 20, 2024
Growth in negotiated wages across Germany slowed in the second quarter, providing some relief to European Central Bank policymakers and possibly bolstering the case for another
August 20, 2024
A look at the day ahead in U.S. and global markets by Alun John, EMEA breaking news correspondent, finance and markets.
August 20, 2024
German Chancellor Olaf Scholz warned against nationalism in the country's east at the groundbreaking ceremony for a semiconductor plant in Dresden on Tuesday, warning that such
August 20, 2024
Egypt's foreign debt fell by $7.4 billion in the first three months of 2024, according to central bank data released on Tuesday.
August 20, 2024
China and Hong Kong are set to expand a pilot wealth scheme that allows residents to invest cross-border by adding the first batch of 10 securities firms,
August 20, 2024
Geopolitical tensions, uncertainty created by the upcoming U.S.
August 20, 2024
Bond investors are by default pessimists and equity investors are naturally optimistic.
August 20, 2024
Japan racked up a 621 billion yen, or $4.3 billion, trade deficit in July, as prices of imports surged
August 21, 2024
A look at the day ahead in European and global markets from Tom Westbrook Markets' sparkling recovery from early August's sell-off has hit an air pocket, with Asian shares down on Wednesday and
August 21, 2024
London's FTSE 100 ended slightly higher on Wednesday, as traders remained cautious ahead of release of the Federal Reserve's July meeting minutes and
August 21, 2024
Canada's big six banks will probably set aside a total of C$4.5 billion in loan loss provisions in the third quarter, analysts predicted, up nearly 27% from a year
August 21, 2024
How Kamala Harris is winning over Wall Street
August 21, 2024
The Bank of England will cut interest rates just once more this year, in November, a majority of economists said in a Reuters poll, as British inflation is
August 21, 2024
Austria's far-right Freedom Party (FPO), which opinion polls make favourite to win the country's general election on Sept. 29, presented its campaign manifesto on Wednesday, setting out
August 21, 2024
The price of gold hit an all time high this week
August 21, 2024
A judicial reform planned by Mexico's government will not violate the country's commitments with the United States–Mexico–Canada Agreement (USMCA), President-elect Claudia
August 21, 2024
Argentina's economic activity fell 3.9% in June compared to the same month last year, official data showed on Wednesday, as the economy shrunk again during the month after a
August 21, 2024
Trump has begun another trade war. Here's a timeline of how we got here
Canada's leader laments lost friendship with US in town that sheltered stranded Americans after 9/11
Chinese EV giant BYD's fourth-quarter profit leaps 73%
You're an American in another land? Prepare to talk about the why and how of Trump 2.0
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